Awaiting succesful retest of 1.19134 before launching further into 1.2. This setup is somewhat similar to my GJ setup in my previous post. GoodLuck!
First public post on this instrument, lets see how it goes> mad a lower low from yesterdays low, further breaking its support from yesterday. Further continuation of sells into the yellow zone
Clear break of daily resistance range, looking for retest with bullish confirmation
As we head into the summer, this move may stall abit but notwithstanding technically valid as long as support TL holds
Break below .6806 (zone) and succesfull retest, wld expose .6650 RR shld be about 1:3 you ar welcome :)
Break above 0.9531 wld give room for 0.960. Worthy trade as fundamentals are in tune.
Following my EJ idea posted earlier, we can see a similar structure on GJ. Also being mindful of the series of fundamental events scheduled for this months fall, we would learn alot from this as to how fundamental results cld either ways influence technical ideas.
bearish momemtum from the close of the previous week to continue giving the technical structure on the daily as shown above. Great RR too, certainly worth the risk
With aussie being a dissapointment to many this year, and gold staggering to recover from its lows, it wouldnt be a bad idea to sell the aussie given the fundamentals are in line with the tecnical chart in this post. A break of the support trendline with retest of it, confluenced with the 1.0950 resistance we look for short oppurtunities on this pair all the way...
wait for a retest of that broken box and make sure it rejects it firmly, then you can buy bitcoin for another bullish run
upper trendline still very active as sellers have prevented price from going above it for the third time. My bias for this pair is bullish but the bulls need to show some courage and break that resistance AUDJPYTL