EUR/JPY breaks the previous resistance zone and moving up with strong trend. Only wait for pull back in H4 or H1 chart to entry the long side. Caution: The risk/reward ratio for this pair now is 1:1 and is the middle of the trading range. Trade safely with proper risk management skill :)
Gold price is falling toward the strong support zone near 120x If the price breaks the support zone, look for pull back and short this trade. If the price bounce back from the support zone, need to monitor closely again. Trade with right risk management
USD/JPY was very bullish over the past 2 weeks. We are still bullish for this pair too. Nedd to monitor closely. If the price breaks the resistance zone strongly, wait for pullback and long for this pair :) Risk to Reward Ratio is 1:2 Trade with right risk management :)
The price bounce back to support zone. And now, there are bearish signal appeared after touching the support zone. We monitor closely and waiting more bearish signals to entry this trade. Trade with right risk management skill :)
We need to monitor this trade closely. There are 2 potential setups: 1. The price pull back to the resistance zone near 0.87xx and wait for bearish signals to short 2. Zoom into H4 Chart and look for bearish signal to short. Trade with right risk management as the current risk/reward is only 1.5. :)
S&P 500 is reaching its previous all-time high! Monitor this index closely. If it manages to break the Resistance Zone, we are bullish for it. If there are few bearish signals appeared around resistance zone, we are bearish for it. If shorting S&P 500, it will be a high risk to reward trade :)
Recently quite strong bearish market behavior. A weak flag also appeared which might suggest the bearish trend will be continued. If it breaks the support zone around 43.00-43.10, it will be good to short. R/R ratio will be around 1:1.32 If after breaks the support zone, it pulls back to the zone, look for another bearish signal to short again.
Right now, we need to pay attention to the support zone near 1.054x area. 1. If the price breaks the support zone, we will look for opportunity to short when there is weak pull back (Highly Likely) -If it really break the support zone, it will be a nice risk/reward trade :) 2. If the price bounces back from the support zone, it might move sideway or bounce back...
Zoom out the Day Chart, you will able to see a super long downward trend. So overall it is bearish. But, recently, the price breaks the upward trend and with 2 days Pull Back. Now, the price breaks the support level at 0.74204. The price pull back touched the support level and continue moving down. It is a good time to short it now.
2 bearish signals: bearish pin bar and 2 bars reversal appeared. Both suggest a potential downward reversal trend. Watch. If it breaks both the support zone and upward trendline. It will be a 1:2.5 R/R nice short trade!!! Trade with right risk management skill
3 white soldiers (3 strong bullish trend bars) show the strength of bullishness. Watch if the price can break through the resistance zone near 1.77xx. It will be good to entry when the price pull back to the resistance zone again! Enjoy your day :)
The price breaks the support zone around 1.085x and there is a bearish pin bar followed. Time to entry a short position. EP: 1.07248 SL: 1.08553 TP: 1.05441
The Price breaks the recent upward trendline. Bounce back from the resistance zone (1.035x), 2 crows appeared at resistance zone, and a strong bearish pin bar followed with few strong bearish trend bars A Risk to Reward of 1:3 great trade! Wait for any Pullback and short :)
Potential Short Setup for EUR/GBP If the bearish bar break Support Level at 0.868x, higher chance it will continue bearish to reach next Support line at 0.853x R/R: 2.06 Zoom into H4 or H1 chart to look for short opportunity Trade with Risk Management.
4 strong bullish trend bars appeared and reach the resistance zone near 106.6xx. If another bullish trend bar appeared, time to long and enjoy the 1:3.5 R/R Trade!