All JPY pairs are showing signs of a reversal on 4hr back to the daily Resistance. Much clearer in EURJPY, CHFJPY, USDJPY and CADJPY in that order. I will be monitoring 15mins for a sniper entry once i get a bullish confirmation. If you agree, please give this chart a thumbs up. If you disagree, let me know your thoughts. Good luck
Possible Head and Shoulders. Stop loss above the head Thank you and good luck
All JPY signs are showing signs of a reversal to its daily resistance. So how do we take this trade? Wait for a false break at the support on 1hr or monitor 15mins for a sniper entry. If you agree with this trade, give this a thumbs up otherwise share your thoughts so we can all learn from you. Thank you and good luck
EurUsd is in a strong momentum for a long, but you shouldn't long from current prices. It is very possible we might see either a false break or double bottom before we head up Now if you follow the arrow we can have two possibilities if the false break happens. I will go with the just taking the trade at the bottom. Sometimes the market wont come back to...
All information on chart with false break confirmation Please leave a like if you agree or comment if you disagree Thank you.
Expecting a “W” double bottom on 4hr time-frame Daily is a sell (head and shoulders) from 1.188, but the 4hr is a long from 1.175 area. The 4hr has to go up and align with the daily so I will be taking this long and then short from the TP. If you like this idea, give the chart a thumbs up if not please comment and let us learn from you. Thank you and good luck
Expecting a “W” double bottom on 4hr time-frame Daily is a sell (head and shoulders) from 125.4, but the 4hr is a long from 124.4 area. The 4hr has to go up and align with the daily so I will be taking this long and then short from the TP. All the Euro Pairs are doing this exact setup. Check my Eurusd analysis If you like this idea, give the chart a thumbs...
I am expecting to see a reversal within this zone. I expect a false break and break back up and a retest of the structure then I will go long. I will update this chart if it happens during the week. If you agree please give this chart a thumbs up and if not share your thoughts in the comment section Thank you and good luck
Possible head and Shoulders setting up. If you see it, please give this a thumbs up, and if not please leave your idea in the comment section Thank you and good luck
Do not miss this trade. So this is going to come as a “W” double bottom, but since it will happen in London Session, expect a false break (divergence). If you want to be sure of entry, enter at 1.552. It might go lower but it’s just London session shenanigans. Once they get the needed liquidity, expect a nasty breakout to the upside If you agree, please...
So I am waiting for price to fall down to the eclipse to enter a long position. That will then align with the daily and off we go. I expect a retracement from first TP to the neckline and then back up FYI 4hr is in momentum to the upside. Don’t be fooled by the bearish drop. It’s just banks accumulating. All yen Pairs are expected to continue bearish...
So AUDNZD is a pair I hate to trade. I hate trading that and EURCHF, but the current setup is just too good to miss. So how do we enter the trade? Wait for a false break below the “false break line drawn” and put your stop loss below the false break candle. TP is given. Risk reward here will be massive. FYI 4hr is in momentum to the upside. Don’t be fooled by...
All information on chart. Entry at 1920 and first TP at 1942 (1.272 fib extension). Since confirmation came from the 30 minute time-frame, I am not sure how if it can go beyond TP 1 If you agree, please give this chart a thumbs up. If not please comment and let us learn from you. Thank you and good luck
False break has already happened on the 4hr with confirmation on 30mins. Check 30mins for a reverse head and shoulder. It’s a buy from 79.7. I’m jumping in at Tokyo market open. Risk reward is about 1:5 Let us take notes of a couple of things. The daily is starting to form a bearish structure and that is the reason why I have two TP levels. First TP will...
So we have a daily downtrend, a possible double top on 4hr, divergence forming. Everything here spells a short. One thing we must know is that London session will never allow us to get a perfect double top so I expect price to reach between 0.694 and 0.695. Follow arrows to structure level for TP. After that I expect the neckline to be tested and dropped...
4hr is an uptend and we had a false break on the 1hr. Wait for a retest on the line and take a long position. Good Luck
4hr is a downtrend. A retest on 1hr will allign with the 4hr to continue the short. Good Luck
Break of Structure and Retest on 1hr Thank you. Good luck