After a breakout gold went for retest and continued selling, very good opportunity for breakout traders.
clear break through from our correction phase , to show the change in the trend towards our 90% mark . break through the previous 4 hr resistance zone in quite an impulsive manner , will wait for the price to come back retest and ill be looking for a proper entry
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. Below is the zoomed in image for better understanding Checkout BATAINDIA trade (linked below) to understand how to trade Morning Star formation Also, you can check out previous analysis of MCDOWELL as well...
cad jpy was in bearish momentum and went down to the 84.400 very strong demand level and cane back to 87.100 for a retest look for bearish confirmation on lower time frame and enter short with your own money management always remeber patience with discipline and money management is the key to success
eur jpy broke the strong zone and went all the way down to 1.28000 now market is at broken structure to retest look for bearish confirmation on lower time frames and enter short with your own money management always remember that patience and discipline are the key to become profitable is Forex trading
CADJPY OANDA:CADJPY [/symbol Has broken the neckline of heads and shoulders formed on the daily time frame. Now we wait for price to retest the neckline, with rejections and good confirmation we will enter sells with targets @ 81.000 area. NOTE:setup is invalid if it breaks through neck line FOLLOW,COMMENT,LIKE AND BEST OF LUCK LIMSFOREX TEAM
GOLD retested the broken down trend line so Buy GOLD now GOLD TYPE : BUY TF : H3 ENTRY PRICE : 1795.00 STOP LOSS : 1786.00 (90 PIPS) TAKE PROFIT : TP1: 1797.00 TP2: 1801.00 TP3: 1808.50 TP4: 1815.00 TP5: 1824.70
Lets take look at daily view first: now here price is showing weakness near our first daily resistance zone (blue zone) and it can easily fall hard to our support zones. DISCLAIMER: ((trade based on your own decision )) <>
The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study before entering into any trade. Traders must trade...
What a beautiful retest, let's keep going out of this range
eur jpy is going down making lower low and lower high look fir bearish confirmation on lower time frames and enter short with your own money management always remember that patience is the key
cad jpy did a massive move to downside on last Monday and now market is back at that zone to retest look for bearish confirmation on lower time frames and enter short with ypour own money management always remember that patience is the key
cadjpy trend has changed from bullish to bearish which we can confirm on higher time frames market is currently making lower high and than continuation to the downside look for bearish confirmation on lower time frames and enter short with your own money management always remember that patience is the key
as per technical aspect gbpjpy broke trend line resistance on daily time frame and market is back at the broken zone for a retest look for bearish confirmation on lower time frames and enter with your own money management alwats remember that patience is the key
on higher time frame CADJPY ia at vert strong resistance area and rejected multiple times so over all its gonna go down look for bearish confirmation on lower time frames and enter short with your own money management always remeber that discipline with patience is the key to become a successful trader
The above analysis is done purely on basis of Price Action & Chart Patterns. The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. Entry can be either above the high the reversal candle or on small pullbacks to the retest levels Set-up fails below the low of Right...