This is my bearish trend idea, now during bearish flag you can see it .Wait for clear breakout to downtrend after you can entry, because the overall bearish trend . Only in my opinion.
This is my bearish trend idea, now during bearish flag you can see it .Wait for clear breakout to downtrend after you can entry, because the overall bearish trend . Only in my opinion.
mexican will be weak maybe usdmxn go to 25 and usdjpy go to 100 mxnjpy will be near 4 for long time
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
this is my bullish trend continue idea. however wait for come key level after how to respect to key level after trend continue to up trend you can entry ,so this is my opinion only .
Saw a double top on the 4 hour graph and waited for the neckline break that happened in the last few candles. Set two targets. Aiming for the second one but you never know what might happen.
Fundamentally JPY has be strong ... Double rejection on the trend line. We also have double top. Then we also have bearish candle closed. You can enter this trade when market opens. or we wait for breakout... or price to break and reject EMA. So basically we are on shorting opportunity
The Mexican Peso is gaining strength against the Yen as a recovery in global growth in 2021, reduces the demand for the safe-haven Yen and increases the demand for the Mexican peso. We look at why the Japanese Yen is a safe haven currency of choice, alongside Interest rate differentials that will play a key rol in the outlook for gains in the peso. I give...
JPY oversold relative to MXN Expect a rally, can be short term volatility Max divergence on MACD Stoch extreme oversold conditional Potential support area, look left to confirm if not then fade any rally on 4hr or lower time frames if not comfortable going long Why is Yen so oversold relative? When will support reveal? R/R 1.68 T/P .21 S/L .2040? Ask the Q to...
📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 MXNJPY technically based idea, we can see price is bounce from bottom trend line, strong bulish candels...
Possible short on this exotic pair with reasoning highlighted on the chart.
The JPYMXN seems to have no clear trend recently. An unstable situation could be a chance for traders! First, I use recent high and low to build a Fib and see if any candle reaches the fib lines. Luckily, I found one, and I marked the retracement with the black dashed line. This dashed line is at around 0.786 level, which is a hard level. Next, I found a falling...
The price is lowest in history so I was looking for a chance to buy, and yesterday there was a bullish pinbar, the price broke out of trend and formed a head and shoulder pattern.