Here i go re-cap the trades i took at the beginning of the month and that i was stopped out on Friday
I also give my perspective on what I'm hoping for to happen in the first couple of trading days for next week.
Lets see how the market plays out
If you have any thoughts please do let me know. I would love to hear from you
Here is my weekly market breakdown for what I am watching for next week
It is also re-capping some of the trades that I am currently in and have taken.
Hope it can be of some benefit to you.
Any questions feel free to ask
Have a great weekend guys and girls
(TECHNICAL ANALYSIS) USDJPY CONFIRM THE BEARISH MOVES
it was noted that the ninja pair had been waiting for a confirmation in regards to pushing the price of the market towards the April 22, lowest point.
However, It all a came out of the tight range momentum the market has been undergoing in the past few days, luckily during the London trading session on...
Prices will be looking to liquidate the wick, tapping into the supply zone before giving us a shift in structure. We may be looking for a pullback onto a demand area on the lower timeframe before the secondary buy-side that liquidates highs into the supply.
EURUSD has formed a symmetrical triangle by forming lower highs and higher lows. The trend is currently on the resistance zone of the symmetrical triangle and is on the verge of reversal.
Confirm reversal for a LONG positioning.
Our Stochastics is also in the oversold region.
USDJPY continues to proceed downwards in a descending triangle, there should be one final drop before the trend reversal I believe.
Wait for a breakout or short here, beware of the volatility of tomorrows Consumer confidence stats.
DXY looks very bearish.
The price will fall from the rejection on the trendline.
GO SHORT. The possibility of price dropping into month zone are very high.
Price already going down on lower timeframes as confirmation of rejection of trendline
Hello traders and analysts,
We have our sells activated - the reason behind this is looking on the weekly timeframe - the wicks have been removed by the recent candle closes on the daily.
Trade 1 has been taken,
Trade 2 - un-activated - as price may attempt to settle around 72.XX
We will share our new analysis for DAX30 soon.
We cannot see a...
-There are two ways in which we could enter this pair on which is either to enter on reversal to the demand zone
-Or either we enter at the breakout of the 1.26133.
-Either way there is strong bullish momentum indicated by the break of the ascending channel.
-The 50 EMA is also showing the bullish signals for this pair.
-We will have to wait to see how price will...
-If Bulls take control of this pair then I will wait for a breakout of the triangle and look to enter on the retest.
-The 50EMA is below price which indicates bullish trend of the pair.
-Top down analysis from the Daily and 4 hour show bullish trend and signals.
-I will wait for a strong bullish candle on the retest and then I will enter a long trade.
We have some room upward and technically this pair is trying to rebound from higher period SMA 200 RED (dynamic support). Fundamental wise we knew till this day that king didn't wanted to back off! I had earlier created a bullish bias idea on this major pair but I messed up with fast entry as overall I knew from the beginning this was mean to happen ( I mean the...
Hello dear subscribers!
The price of the American dollar has strengthened and will grow up to its target (112.000),
there is a resistance level.
A slight price fluctuation is expected due to the fact that Asia will try to roll back the price,
but it will not work out very well.
If you liked this idea, please like and subscribe to my profile.
This idea does...