AUD/JPY SHORT - Time frame break down
My break down on the time frames of this pair which is why i've gone for the trade that i have, possibly a chance for another entry point when markets open again
Weekly - A previous support & resistance level that was heavily respected has now been turned to resistance which we have returned to and rejected
Daily - A strong...
This chart analysis has been based on support and resistance using the monthly/weekly/daily time frames.
I have suggested a Short on this pair due to the support and resistance levels that have been respected in the past on the higher time frames, i will be watching this pair on the 4H chart to see where the next few candles close, going to the 1H time frame if...
This chart analysis is based purely on support and resistance, along with the fib levels lining up nicely.
Here with AUDCAD with another trade potentially lining up for us to short and make some more % out of it, this will not be a trade ready for monday but it could be ready during the week, this is a prediction and i will not trade or place an order ready from...
This is a trade i will be watching closely on Monday when the markets open, we have a clear head and shoulders formation developed outside of the monthly trend line, this could be a fake out from the monthly time frame and working its way back, i will be watching what happens on the 1h time frame, waiting for the retest of the resistance to place my sell limit...
In this breakdown i have gone for the approach of support and resistance playing a big part on this trade potential, working down from the monthly time frame through to the 4H time frame, at the moment this is a prediction of how i think the market will go but i will not trade on these basis, i will follow the chart and react to the price action of the market and...
Here are two potential trades lining up ready to take during the week, these are predictions and we don't trade on predictions we trade on market reaction.
we have an over extended market on the monthly time frame, it has created a triple top on the daily time frame suggesting its going to give us a nice retracement for the month, my positioned shorts are purely...
My idea for this trade is to short USDJPY , i will be keeping an eye on the chart on the 4h time frame for my price action entry point.
the pair is following a strong weekly trend line as a resistance and has broken back inside of the line, there is a strong monthly resistance & support level which has matched up with a strong daily resistance and support level...
Two potential trade set ups here, not to be predictive but responsive to the market movements and we have to wait for it to make the moves we require before entering the trades
Daily structure trade, there has been an impulsive push down
retracement has taken place to 0.618 on fib
looking for the short trade when it breaks through the 75.010 support level,...
