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Going for short on EURJPY with the mention setup on the chart it's look like trend line broken, facing some support here, selling spot is mention on the chart please Read the instructions.
*Note: please use stops always and ever don't forget or miss.
If the daily candle close as bullish we have an edge here we could go for a long position with mention plan on the chart.
*Note: Please accept the risk of the Trade before opening the trade. It will be better if you use pending stops somewhere above the current resistance level.
**Thank you **
The pressure is building on daily chart for long term trade let see if the daily candle break out the last Resistance if price break that point and close above the area we could go for long position. Plan is mention on the chart Please follow it as it.....
*Note: Please don't forget to use stops Market can do anything keep in mind.
Here we got an edge where we could open short, complete setup mention on the chart : Please keep in mind an edge is nothing more than an indication of one thing happening over another (An edge could work or not please execute your trade as per plan)
Details are already mention on the chart
Daily trend line is below first we will see what price will do there if we get some price action signal we will be jump
More details about the trade will be added in comments
weekly chart is showing like a support area until price hold above 38.2 fibo level a strong level.
where according to wave theory it has to stop here for the next wave(up swing) which could be the 3rd wave known as the most longest wave in wave theory.
from where pattern loss its power also mention on the chart you should check this out before you really go for...
Here i have found a good short pattern on gold with h4 timeframe market looks like rejected from the key resistance level and also price action makes an indside bar on key level
sell entery :1265.00
stop loss : 1270.00
take profit: 1250.00