Looking at weekly chart of the NZDJPY we can see a 78.6% retracement off the drop that started 16 Dec 2019, and we can clearly see a double top formation with the first top formed 8 June 2020 and the second top formed July 2020. On the same weekly chart, drawing our fibs from the impulse move of 15 May 2020 to the 2 tops we can see price is currently slightly...
Gutted I did not take the AUDJPY trade I called last week...been very busy so not much chance to trade!. This is what I am looking at for NZDJPY! I will not be breaking down my charts or be giving in depth reasoning into why I have a bias on a trade. I feel this encourages people to take trades all over the place hoping one will come through because it sounds...
Hello traders, this is the update on the NZDJPY trade that I forecast on Jul 6. Check the forecast below. Let me know if you guys have any questions. If you like my analysis please hit like and follow. Thanks.
Another breakout, waiting for retest before selling
#NZD - Bearish Mode Recap: 1️⃣ U.S.-China tensions were once again a focus after China ordered the closure of a U.S. consulate in Chengdu and US Secretary of State Mike Pompeo urged China’s citizens to help ‘change the behaviour’ of their government. 2️⃣ Negative performance was driven mainly by global risk sentiment moves. Review: 1️⃣ It’s another quiet week...
I believe this will take a big fall, price appears to be heading towards its previous high and is moving away from my key level I am going to wait until price breaks this support zone and the trend line before selling
Price has spiked up towards its previous high, I see divergence and im expecting price to break this zone and retest before shorting
Hello Traders! ------------------------------------------------------------- 🚀BUY Execution according to the market. -------------------------👇🏻👇🏻Look the running swing trades below👇🏻👇🏻 -----------------------------------------------------------------------------------------------------
Hello traders, this is the update on the NZDJPY trade that I forecast on Jul 20. Check the previous forecast below. Let me know if you guys have any questions. If you like my analysis please hit like and follow. Thanks.
Hello traders, here is the trade plan for GBPJPY. ENTRY RULES :- Wait for the price to retest the decending trendline and then watch the price on lower timeframe for entry. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
Hello Traders! SELL Execution according to the market.
As we can see from the chart, price has broken through support and is now consolidating above another level of support It did this previously and then dropped to the next support level I expect the same thing to happen here, just waiting for confirmation before we take the sell