After our previous 3 winners on this pair, we can now see that Price Action has dropped into our Buy Zone. This is the area I want to pay attention to the market and wait for a Double Bottom, for added confirmation to place my Trade. PAIR: USD/JPY TTF: 4HR TRADE: BAT PATTERN NOTE: These are potential Trade opportunities based on my own personal...
looking to go long afer break through the blue zone.. tl already broken ..we have also nice divergence.. just the last push through the zone is what i wait for.. a new low will invalid the idea
Resistance: 1,0655-70
The chart say it all ... (It's much clearer when you see it from your PC)
GBPUSD: Selling at new Supply zone. 2 zone found.
I was thinking ; Europe next year ? nice vacation perhaps ?! Clearly downhill is not gonna be easy ride and Definitely Europeans have to raise their spirit to handle the gravity of it. I mean... Never mind. Just Look at it!
What will happen in 2017 and our forecasts in this article. In the forex market the forecasts for EUR/USD is to reach levels of 0.90. The Euro weakness continue in 2017 due too serious budget problems in the Euro Zone also interest rates divergence. The Pound to cut the half of the losses against the dollar in 2017 and became more attractive currency. Crude Oil...
Current traffic growth will only be a correction in the strong downward trend. The differences in the activities of central banks will continue to support the dollar, which should lead eurodollar to new lows. The aim at the moment seems to be the level of 1.0214 (peak of July 2012) and 1.00 A further target is at the level of 0.94.
We sell at 118.400 and we waiting a confirmation of breaking R at 118.100 with one Candel of 4h
I am still kind of a new trader and still learning, done those drawings and I believe the price will bounce from the blue box (resistance) and will break both trendlines I drew and will go short to at least .74700 (lower red line). If you have anything to add or want to correct me, please feel free to do so! I am looking for anything that can develop my trading skills!
Several fib levels and a long term key zone align in the 0.7230-ish area. Looking to short after a H4 confirmation candle. Thight stop-loss, high reward.
Last week was the end of the correction from 1.0504, which reached just above an important resistance zone, located on levels 1,0847-64. Accordingly, the maximum target correction was completed and returned to the market declines. Ahead of the Federal Reserve meeting, which again may lead to greater volatility. However, in the longer term still applies downward...
With the week closing, and AUDJPY approaching a significant S/R zone, I plan on watching very closely for conformations, breakouts, and retests. Either direction provides 300+ pips in profit, however the trick will be in guessing correctly.
Reading structure with the "Levels and Zones" indicator
During Friday's session, we should see a continuation of today's gains. No readings in the first part of the day and the limited activity of investors from the US, should support demand. In this variant, after crossing the 1.0567 level, the demand should direct towards 1.0585 (maximum of Thursday). Another goal remains the level of 1.06, while the maximum goal for...
Currently have this pair on my watchlist for the upcoming week. Should price continue to move downward breaking the 200 EMA, I'll enter short beetween 0.70500 and 0.69600, coincident with the head and shoulders neckline, on a doji/pin bar candlestick. I will then consider to take profit / scale out around 0.6700 in case the upward-sloping trendline will provide...