LOOK OUT FOR EURJPY NEXT WEEK!
We are forming a Triangle since Monday. Today is friday and there could be a potential breakout. But i am expecting a consolidation cause its friday. I am posting this because i don't want you guys to miss the big opportunity.
A confimation to breakout short:
On monday the sentiment of retailtrader where more bullish than...
LONG ENTRY WHEN:
1.)Retest on the downtrendline on 15min Chart
2.)Bullish candle stick pattern
3.)Ema-Crossover 5&15Min
4.)4H close above the downtrendline
SHORT ENTRY WHEN:
1.)4H Evening Star
2.)5&15Min EMA-Crossover
3.)break of the 15min Chart uptrend
SL higher then the last lower high
Extra confirmation to go further down:
1.)We are in a downtrend on the monthy and weekly chart
SHORT ENTRY WHEN:
1.)4H Evening Star
2.)5&15Min EMA-Crossover
3.)break of the 15min Chart uptrend
SL higher then the last lower high
Extra confirmation to go further down:
1.)We are in a downtrend on the monthy and weekly chart
SHORT ENTRY WHEN:
1.) Break&Retest under the Resistence
2.) Then a Lower high and a lower low on the 15Min Chart
3.)Then a bearish candle stick pattern
4.) EMA Crossover 5&15Min
5.) If possible a close in 4H under the resistence
Indication to drop down further:
We are in a downtrend on the Daily and Weekly Chart
I think that this was just a little ass...
We have retestet the downtrendline and now we are retesting this resistence level. If the market respects the resistence lvl and retest it then we need a break out of the uptrendline with a retest.
You can enter after the retest at the resistence lvl with a bearish candle pattern and an ema crossover.
OR
You can wait until it breaks the uptrend and retests it....
