I've been short risk pairs for the past 12 months or so and as I see it at the minute there is no reason to change my views. IMO The market has gotten a little ahead of itself after Trump stepped back from War with Iran yesterday. For me there are still numerous risks ahead in the coming months, Manufacturing is still winding down in most major economies (last...
105.5 TP 109.7 SL Also the last few years have seen big drops around year end, not that that should be a determining factor.
Hello Everyone. I see a sell on USDJPY coming up ^^ Its on a sellers market a couple of things that I'm waiting on are for the retracement to be around 61% followed by a BOS on smaller time frames. As soon as it reaches my preferred area I will be looking for that small time frame break of structure. Also, I don't know if you notice that I put a small green...
My Friends, Price is over bought, Approaching Resistance and forming a change of trend, Good Luck. *Trade at your own risk.
the price is being rejected at level 50 of Fibo and being under significant resistance it is predicted that the price will fall to 108,302 with a distance of approximately 109 pips. I am quite new publishing my ideas.
The USD/JPY currency pair price is creating a symmetrical triangle pattern on the daily timeframe going down even to the lower timeframe. The price has already exploded down after bouncing off the descending trendline forming the triangle, however, it seems as if some buyers are trying too hard to maintain higher prices. There is also an ascending wedge /channel...
Recent rejection at resistance levels show reversal for the USD/JPY pair. We look to enter short positions at the 113.400 handle at the break of support line.
Hey again , my new analysis for usd/jpy : Weekly: The price is below the 200 MA so we look for short bias. The trend may have reversal with evening star from bullish to bearish. The price is under resistance. Signal SELL. Daily : The price is above the 200 MA from middle March. Area of Value : Below daily resistance. Broke the trend line. Signal SELL. H4...