Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current levels for sell.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Clear support/resistance line (where stars are; goes back further on weekly/daily view). It looks like we're stuck in a tiny little channel. Once it breaks above, if it does, we could go test an average of the previous highs.
The pair is trading within a standard Channel Down on the 1W chart (RSI = 38.708, MACD = -0.485, ADX = 41.103) since 2013. Three weeks ago it made contact with the Lower Low trend line of the Channel Down and priced a Lower Low. Naturally it has been rebounding since and is close to the 0.382 Fibonacci (14.000 as the High). The sequence is similar to the last...
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Hi there. Price is forming a possible continuation pattern to the downside. Wait for the price to complete the pattern and watch strong price action for sell.
Pattern: Channel Down on 1W and 1M. Signal: Bearish on current price (1W) and if it makes contact with the 1W MA50 (1M). Target: 11.200.
The pair is trading on a long term 1M Channel Down (RSI = 37.681, MACD = -0.379, Highs/Lows = -0.5701) that has come close to the 11.460 1M Support where it rebounded last week. This can be an early signal for a trend reversal and buyers you have entered early can systematically aim at the gaps. First the 12.390 Lower High, which if broke should lead to the 1W...
NOK/JPY looks like it wants to reverse trend by giving us a nice 4hr range break signal. Closes above the last leg down gives me the impression it wants to move upwards soon. At this moment there are two closes above the golden line which is good, a few more would be better. But before we FOMO LONG, stop and think, "could this retest lows?". Yes. In fact that's...
Long NOKJPY @ 11.968; TP @ 12.207, SL your choice
Hi there. Price is forming a continuation pattern to the downside. Watch strong price action at the current price for sell.
Looks like we got a trend reversal signal (closes above the last leg down) on the 4hr chart. One of my favorite time frames to trade. Looks like we are right in the middle of the pull back. Keep an eye on this higher low here, might be the one that takes us up. I'm personally longing this one from this range, easy stop loss near or below previous lower low as...
Pattern: Rectangle on 1H. Signal: Bullish on the Support, Bearish on the Resistance (scalping). Target: Short TP 12.4600, Long TP 12.5800.
The pair is trading within a strong 1D Channel Down (RSI = 34.726, MACD = -0.120, Highs/Lows = -0.0831) for the past month. Currently the Lower High zone holds (red rectangle) and should push the price towards a new Lower Low at 12.350. If 12.630 however breaks it will give a medium term bullish reversal signal and we will target the 12.800 1D Resistance. **...