I am looking for a mitigation in the highlighted area
Be advised that we're looking at a swing setup! I am looking for a entry on the highlighted area for Mitigation
I AM LOOKING FOR A POSIBLE BUY ON THE HIGHLIGHTED AREA
Welcome Back. Please support this idea with LIKE if you find it useful. *** It is difficult for it to rise and break the resistance because it changes the direction from rising to falling, so it will continue according to the scenario that you set
Hello my friend | Welcome Back. Please support this idea with LIKE if you find it useful. *** As long as it does not break the resistance, it will head towards the downside to support to re-test the area of the downtrend break. 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...
FX:USDJPY On the 45M chart I noticed a solid sell to buy candle. No wicks. Seems like an institutional candle that needs to be mitigated. Plenty of imbalances in the bullish candles following that need to be filled. IF ( BIG IF) we see USDJPY have a large pull back, I think we could see a buy at the 104.765 area. SL is less than 20 pips with a great return,...
Newsflow is mixed (California shutdowns could lead to more states following suit vs Moderna vaccine progess) AUDJPY has been correlating heavily with the stock indices (US30/NAS100/SPX500) as they both are highly based upon risk on (up) vs risk off (down) market sentiment. I don't want to bet against the stock market (yet) and I've been flaky on directional bias...
Hello Traders! We play with Smartmoney concepts, that means that we focus mostly on price action to determine what will happen in future. As we all know, price is moved by BIG players: Banks, Institutional traders, HFT bots (we call them all of them SmartMoney). They can't play as we do, cause of a HUGE lot sizes, so cause of that they need to SELL to BUY and BUY...
GBPJPY Buy Limit @150.450 Sl: 150.190 (26pips) Tp: 152.000 (155pips) risk:reward 1:6
FX:GBPJPY Buy Limit @150,800 sl: 150,200 (60pips) tp: 152,600 (180pips) 1:3 risk:reward