Jude_N

Jude_N

I am buying again to 137 and above. Pair had shown the strength in last couple of hours.

Jude_N

I am closing all the buys as as price has capped between two strong levels. i don't want to get involved in bear/bull fighting at this level. i would rather wait for a confirmation for clear signal. However monthly/weekly/daily bias remains bullish. and we are actually the last two days of the month. Nevertheless anything is possible ! Cheers People !

Jude_N Updated 

Short term view of the GJ. Probability 70 % = In my opinion of course 4H Upper trend line is around 136.200-400 level and also the H&S formation. 135.350-500 level is the Daily support/4H trend Support/High Confluence zone could respect and bounce to weekly target of 137.200 and to 138 respectively. alternative could be the break of 134.000 will lead us to...

Jude_N

Target Reached. I am looking for dips to buy again on support levels. Bulls are exhausted. Need to breath so they will look for a re test to previous support.

Jude_N

I am still favoring bulls hence the bounce is still intact. if the break below 134.600 will hint us from change of trend. i would be out of the trade as planned. However, Currently bears are dancing to someones tone. Big players are showing interest in JPY. Keep watching for a LH. Rule No.1 : Always protect your capital. Cheers People.

Jude_N

Will the trend line be respected ? i ma still till i am stopped out. because i still see bulls.

Jude_N

I am buying Reason : 1)61.8 % Fib Retracement 2) Previous Support which had multiple rejection This is my setup. and my view.

Jude_N

Pair is closer to a heavy artillery zone (from Bulls side of course). Lets see the bears can survive from this. Retreat or break ????

Jude_N

If you carefully analyze the Daily, You can see it's making higher highs. I expect the pair to break the upper trend line reach 161.8 fibo. as per 1H chart, 136.450 - 137-300 has a strong support. we may see a range as well. keep looking. Overall Bias changed to Bullish for me $$$$$$ There is a strong chance of testing 141.000 -500 on intraday Happy trading...

Jude_N

Bears are strong here. since because of the confluence of supply and demand. Let's see who will win at this end of the candle.

Jude_N

As i have planned. it tested the high confluence of 135.400 (Which is also the 50% fib level from previous high and low). I am expecting complete the fib 1.00 % and also the demand zone of 137.200-400 ( Which also has a higher confluence ratio according my own studies) Looking for some nice longs. '' Reacting to the market behavior would be the best trading...

Jude_N Updated 

My Long awaited target had reached. I am looking for a possible run down to 135.400 high confluence zone. However, we have keep in mind that the BULLS are so strong till 137 ish. and this is my opinion. Cheers People !

Jude_N Updated 

I am selling for 50 PIPS. Not recommended trade. High Risk Trade. :) 135.350 to 134.850

Jude_N

This is Just a Thought by looking at the 4H Candles. Previously Candles had formed in this manner. However, My previous chart is valid. This is similar. However in this re-tracement is deeper. this can happen also. Again. Just a thought. Hope everyone is having a profitable start of the week. Cheers !

Jude_N

In my opinion price behavior had provided us with very strong BUY signal with very good R:R . Price was not able to break below 134.00 and ended up generating a very strong upward trend line. buyers want to push forward. and may dominate for days to come. I am buying to a highly confluence area of 136.000. eventually it may complete 137.500 structure. There have...

Jude_N Updated 

This setups will be invalidated If the 133.700-134.000 mark is breached. Having a consolidation over the past weeks, Pair will be looking for a trend.

Jude_N

Pair is bit crazy 🤪 these days. Understanding Behavior of the pair seems to be very difficult. However it is respecting the demand/support levels which would be the only chance to make some money today. $$$$ Wish you guys a very profitable day ahead. Cheers !

Jude_N

Shorting again with the current structure