FX:USDJPY
It has been a long time since my last post, as we know United States will have election on next 3rd of Nov, we could see the triangle is coming to an end.
We are expecting it to retest the bottom and the edge of the channel, while before any direction is clear, we could still make use of this retest.
All the best guys ~!
OANDA:USDJPY
Japanese Yen has break its down trend channel, and we are looking for a several bounce at current channel, we are looking to tp at 105.173
We can see Japanese Yen entered the resistance zone, while at here we can see a formation of head and shoulder.
However as it just break the weekly trend line, thus keep an eye if it could turn back in. take your own measured risk !
Nevertheless, you can still trade a small trade , tp at 106.521
OANDA:USDJPY
While everyone is expecting a slow move to touch the bottom of the channel.
The Fed's speech make a hell of roller coaster for all us traders.
While most of us might miss the chance to ride on the bottom of the channel, we can see a retest at 106.293, i'm looking to long the pair and tp at 106.585 or 106.731.
Safe Trade,
Cheers
OANDA:USDJPY
Yen is reaching the bottom of the support, however the lost of momentum making it will likely to retrace to 106.048.
And lets see from there if it breaks the mid term support or will turn back down as what we expected.
Have a great trade!
Cheers
OANDA:USDJPY
We can see a rejection and retest on previous trend line which also happen to be the right shoulder from my previous ideas.
We will be seeing a retrace and reverse very soon.
Entry at 106.455
TP at 106.078
Confirmation at 106.295
OANDA:USDJPY
OANDA:USDJPY At hourly chart, we are looking for Japanese Yen to go bull, and here they just break the recent trend line , i'm looking to TP on 106.306. You can wait for the break on 106.039 for confirmation.
Cheers,
Happy Trading!
OANDA:USDJPY At hourly chart, we are looking for Japanese Yen to go bull, and here they just break the recent trend line, i'm looking to TP on 106.306. You can wait for the break on 106.039 for confirmation.
Cheers,
Happy Trading!
OANDA:EURUSD
We can see a breakthrough from a strong trend line, however there is no momentum from it and most likely it will fall back and form a false breakout.
Wait for the confirmation on the yellow line or take a risk and enter at 1.18895 and wait for it to fall back to the range!
Have a great trade!!
OANDA:USDJPY
Japanese Yen seems to be forming a head and shoulder pattern however have reach a trend line from previous movement, be prepare to short once it break the neck or take a small risk to long it that it could form a perfect head and shoulder pattern.
