USDJPY is losing momentum at the top of the range, posting a double top and now produced a lower high. RSI and stochastic is losing momentum too. We are expecting a break below neckline before further bearish price action.
USDJPY trades at key resistance level at horizontal level and has consolidated towards the top. RSI and Stochastic overbought market, we are now expecting bearish price action.
I will open a short position after the formation of momentum on M15, because I see a decrease in open transactions to buy near the designated level, and I believe that the price movement at yesterday's trading session was a correction.
USJ/JPY Short 10/3/2019 I have entered a short position on UJ as price looks very bearish for the short term. Price broke and closed below the 107.00 level on the daily after not previously doing so since early September. Entry: 106.814 Stop: 107.50 Target: 105.750
I will open a short position, because I see a reversal down in the last trading session, I see the end of the construction of the figure "triangle" and the exit of the price beyond its lower limit (for the resistance level)
I will open short positions from the zone of imbalance, because I observe a reversal with repeated testing; a set of large positions by market participants for sale.
EURUSD* The technical cross-section**: Trend: -1 A strength of trend: -4 Overbought/oversold : none The priority area of transactions : selling Selling in the area of 1,0960 with a stop above 1,0990 and a profit in area 1,0900. Selling in the area of 1,1050 with a stop above 1,1080 and a profit in area 1,0980. GBPUSD The technical...
EURUSD* The technical cross-section**: Trend: 1 A strength of trend: 4 Overbought/oversold : overbought The priority area of transactions : buying The purchase in the area of 1,1340 with a stop below 1,1300 and a profit in area 1,1460. Selling in the area of 1,1460 with a stop above 1,1490 and a profit in the area of 1,1360. GBPUSD The...
I will trade more market order according to my trading plan here
Its been over a year where the prices have ranged between 114 to 104.5, giving no clear indications. Might as well take advantage of this big range and check out the daily close below the fibo retracement of 50% @ 109.58 to give a clear path for the 61% @ 108.4. Prices currently @ 109.3, got to make a move , placing a stop @ 110. Good luck
EURUSD* The technical cross-section**: Trend: 0 A strength of trend: 3 Overbought/oversold : overbought The priority area of transactions : buying Selling in the area of 1,1460 with a stop above 1,1490 and a profit in the area of 1,1360. The purchase in the area of 1,1360 with a stop below 1,1280 and a profit in area 1,1460. GBPUSD The...
EURUSD* The technical cross-section**: Trend: 0 A strength of trend: 3 Overbought/oversold : none The priority area of transactions : buying Selling in the area of 1,1390 with a stop above 1,1430 and a profit in the area of 1,1260. The purchase in the area of 1,1300 with a stop below 1,1240 and a profit in area 1,1390. GBPUSD The technical...
USDJPY is strongly supported by the 111.300-11.500 zone. Going long first against the 111.100 level targeting 113 is a good trading strategy. If you will be stopped reversing for a huge potential short trade. Cheers!
The market has reached the D point completion of a Bearish Gartley, looking for a shorting opportunity of a double top as Gartley formation invalid due to extended movement of the market. However, I will be waiting for a shorting opportunity once the double top is formed. Exact entry, stops and targets will be share with my subscribers, in the month of Oct18 we...
Here only one entry level at the critical zone and not only when the flag was retested and broked
A bullish Gartley has formed on Daily Chart, I am waiting for confirmation signal on H1 chart to engage the trade. Exact Entry, Stops and Targets will be shared to our subscriber. This is part of the reason how we manage to achieve a better results than other Harmonic Pattern Trading. forex100academy.com
Another counter-trend trade setup on this, if you have not seen EURUSD, you should. Exact Entry, Stops and Targets shared to my subscriber. Last month we did a total of 2,333pips of net profits shared to our subscriber. Check this out and not miss another great trading opportunity, just subscribe to us. forex100academy.com
This is a long trade which we are going to trade on the other hand there is a ascending channel the the USD/JPY just broke on the chart giving signals or selling but with this we will stick with long Technically, however, the Yen appears to have something of an advantage now. USD/JPY has slipped quite dramatically below the strong, newish uptrend channel that...