Overall Average Signal from all our indicators suggests a Long. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
Bearish breakout : Entry price 13.6427 Take Profit 13.4026 Stop Loss 13.7543
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wait for the break out and a retest of a trendline. It will be a perfect sell setup.
Overall Average Signal from all our indicators suggests a Short. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
Hi there, NOKJPY is setting up for a bearish wave. Watch the price action and look for short. Good Luck
Overall Average Signal from all our indicators suggest a Long. Entry is at market open and exit is shortly before market close or whenever you are okay with profits.
Head and Shoulder pattern is very likely, and a Pull Back also can confirm the idea.
Wassup, wolves🔥 There is a ready to trade formation for you! The price is slightly falling on a bigger frame. It could be a good signal for bear-traders. According to Elliott Waves theory all the waves are done and now the price is heading to the breakout. However do not rush the trade and look for breakout. There was a bearish fakeour already. Follow the chart...
Summary: The strong USD and now a strong JPY, together with other market indicators suggest a rather strong wave of risk aversion rolling over markets here on spreading Covid restrictions in Europe and as we await the US Fed Chair nomination announcement and wonder to what degree it matters beyond a knee-jerk reaction. Next week an interesting test for markets as...
A simple correction trade. Just be patient and wait for a trend to establish. Don't forget to like + Comment on future ideas.
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Short NOKJPY @ 13.02; TP @ 12.76, SL your choice