BCHUSD waiting recover sign in buy zone 1200-600Major Resistance 1800
Major Support 600
Retracement from 1800 after recover from downtrend at support line 600
Chance to invest : Below 1200 to 600 when Price action (H4-D1) show recover signal
Buy with 2% of overall margin, SL=0
TIPS
for FOMO We could seperate 1 position to x position and grid it for make average cost still around 1200 lower
Ex. instead buy 1 with 100% size of order at 1200
We could buy first order with size 50% at 1400 and second order with size 50% at 1000 : average price of investment still 1200
Supportresistace
EURJPY - WAIT for a SHORT Below 128.999 A: SUMMARY – WAIT for a SHORT POSSIBILITY @ 128.999
WEEK CHART :
1-Last Thursday 0503 Make a Pull Back, probably now continue DOWNWARDS move!!
>also @ 129.516 Zone of WEEKLY S/R
>Price at DAY Channel & H4 Channel LOWER Band.
DAY CHART :
B: This Coming WEEK Analysis:
>Look for a Breakout of Day & H4 Channel
>SHORT below 128.999 / TP 150PIPS
NB:
1-Price Lilely 1st Retrace UPTREND 1st before Heading south (Break Channels)
2-TAKING a LONG - TP approx 60PIPS is possible !!
HOWEVER this TRADE will favor a SHORT-To WAIT OUT ..
CHEERS .. Stay Nimble-TRADE SAFE !! - WAIT for PRICE to come to you !!
STRONG TREND LINE IN AUDJPY ?GOOD DAY TRADERS
THIS IS MY ANALYSIS ABOUT AUDJPY.
I think this is the best time for LONG.
1. Price near strong support.
2. Price bounce in the strong trend line.
3. Signal has been made.
4. Falling wedge has been made.
So this what i'm thinking.
Entry : Around 83.450
Stop Loss : Around 83.000
Take Profit : Around 84.650
U'r very welcome to give a comment.
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