Currently in uptrend so requires patience for break of trendline support for confirmation. Lowest trendline break would signal bearish reversal
SEK JPY is working according to Dow's theory. it is making HH and HL continuously. and the bullish trend is drawing on the chart. We will split our Risk in 2 orders. 1st order will have a 1% Risk along with a 1% reward and 2nd order will have a 1% Risk along with 2% Profit. Buy SEK JPY when the price is up to this point 13.3790 Stop Loss: 13.3240 Take Profit 1:...
As you can see in the bottom picture, the prices have returned to 0.618. If we look at the top picture, 2.24 or 2.618 sales can be opened.
------ Trade ------ Chart: SEKJPY-1H Type: Short Entry: 12.863 Stop Loss: 12.945 TP1: 12.781 TP2: 12.699 Analysis: SEKJPY-1H is currently in a bearish trend. If the price breaks below 12.863 which is previous lower low level, it will be a sign of bear trend continuation. In this case we can enter in a short trade. For this trade the...
SEKJPY CUP & HANDLE PATTERN. Entry depend upon S&P.
The market is creating LL and LHs. The market is most likely to go dwn
hey all as we can see big resistence in this area i will sell to look for targert tp= 13,083 good night and goodluck
The blue marked box is what we call a structure candle. The market typically tests such a candle and therefore we created a trading strategy on it. Now we know where the market will probably go to we just need to wait untill all the rules of our strategy are met to create a setup and ride the trade.
A sell setup is formed after a break out and a consolidation below the 4H trendline. After a series of a meltdown, Yen is expected to gain strength.
The analysis is based on technical patterns ... on the 4-hour chart We now have a wedge pattern We are waiting to break it from the bottom.
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.
SEKJPY looking interesting. Keep it on the radar. Watch to find out more.
Hi there, SEKJPY is setting up for breakdown watch for breakdown and look for short. Good Luck
Retracement zone 0.5, Previous swing move was extended likely to be a wave 3, Current wave bias is a failed wave 5.