Shres_Saajan

Shres_Saajan

After all week strong market ,tuesday was the market slightly down due to trade war.S&P 500 is still strong and stayed strong .now the time for Dow jones getting strong again despite the trade war

Shres_Saajan

USDJPY has a strong resistance test for a while making a Bullish Continuation Pennant. The overall structure of the market is going up. Waiting for the resistance to break for a nice move upwards.

Shres_Saajan

The market is under consolidation for couple of hours, it has strong support and resistance so look for opportunity for buy or sell after support/resistance breakdown and retest.

Shres_Saajan

The price is making a very sharp move towards last years resistance forming a " Rising Wedge ". My prediction is it will test the resistance before falling down. Take profit at the first level where the wedge trend line is formed. This is valid in all the hourly time frames, might be a long term short position.