📉 Sell EUR/JPY @ 125.14 🎯 Target Profit 124.35 🛑 Stop Loss 125.55 ❌ Do not risk more than 1% of your account on each trade 🙂 Good Luck!
Watch for lower time frame corrections and join in on the sells
Watch for lower time frame corrections and join in on the sells
Wait for a clear impulse down breaking the grey zone and enter on retest
Wait for clear impulsive move down and get in on correction on lower timeframe
Market has been in a range for quite a while - - Sellers were able to push prices downwards beyond the support and reached the 104.200 level, a retracement followed to the past support area & now resistance also is 61% area in the Fibonacci . Buyers tried to break that area but it holds strong and seems to be heading down again to the 104.200 support...
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Wait for price to impulse and then retest one of the 2 zones marked
Wait for price to retrace and come near the zone marked out.
Hello and welcome to my Trade Idea of the currency pair NZD/USD. Let's start with the Top Down Analysis. Monthly: A strong trendline was identified in the monthly timeframe. Weekly: Weekly is overall bearish. Daily: Daily is bullish but because of the confirmations from monthly and H4 we are bearish. H4: We see a counter trendline and a breakout. That's...
Hello there, Using my technical analysis, DXY has a good opportunity to go up. On the weekly TF i saw a respected ascending Trendline, even though it's not really that bullish. Yea, it got fakeouts but the last 2 touches on the line didn't break the trendline. I personally don't wanna execute our trade right now. I prefer to wait for the price to retest either to...
Wait for price to retest the zone indicated or simple break the 1hr correction
Wait for price to retest the 50 fib or break the 1hr correction
- Fundamentally, the CAD is not looking very good, the GDP growth rate is down to -2.1 and all the other indicators are generally looking very bad for the CAD. - Technically, we were trapped in a range and on the 4HR new demand was created when a minor trend line was broken - Once we returned to this new demand zone, the 1HR created a nice ascending structure and...
Wait for a clear drop and then joining the action
Wait for price to impulse and then retest one of the 2 zones marked