LewisFXBlue

LewisFXBlue

Possible Short on USDJPY, on the higher time Monthly price has formed bullish pennant. The lower time frame gives us the potential entry point on the break of the trendline

LewisFXBlue

Waiting for pullback to Fibonacci retracement level before placing Buy positions

LewisFXBlue

Buy limit placed at 1708 which is in the Fibonacci retracement zone.

LewisFXBlue

Sell limit placed at the the Fibonacci retracement level, the price is 0.96500 Reason - Ichimoku cloud indicator is lining up for a good sell on the requirement I need - Price has broken ascending triangle

LewisFXBlue

Potential double top appearing near major resistance on 4h and daily TF

LewisFXBlue

Currently short on EURUSD waiting for pullback to area of high confluence.

LewisFXBlue

CAD/JPY short position available currently - Will look for long after the pullback to the Fibonacci retracement level

LewisFXBlue

The analysis published is of the GBPJPY pair. The potential opportunity I am presenting is a long position. Why ? The thoughts behind this are the potential formation of a inverted head and shoulders pattern. The trade was entered on the right shoulder that was in the 0.5 and 0.618 fib range, where it has since pushed upside. I entered the trade at 130.800 and is...

LewisFXBlue

The analysis published is of the USD/CHF pair. The potential opportunity I am presenting is a short position. Why? The thoughts behind it are the pair has been trading in descending triangle for a significant period, and now is trading within a symmetrical triangle. The position will be taken once there is a confirmation of the breakout and re-test. The lower...