I entered short on UJ at 105.335. Once we ran down 50 pips I put my stops to b/e. No more risk in the market and will let this run. We are approaching New York/London session and we're in consolidation. I think we are gonna drop through this support and push down further.If we hold this as a support we'll be in this range I drew. It would be nice to break through...
I took off all of my drawing and recreated an analysis. It looks like EURUSD is actually rejecting our previous support when we look to the left. On the 1W chart it looks like we're at a strong resistance and about to be bearish. If we truly are retesting previous support. I am looking to see how price reacts at my arrow drawn. We may go up to this arrow mark and...
Looks like we are in a range. Last 1D candle closed as rejection at this important 1D resistance. I think USDJPY is pulling back for this upcoming week. If we break this resistance and close above i think we'll push up
In smaller time frames, it looks obvious that USDJPY is moving up. 1D and 4H chart show bullish market up to the next resistance. I also have an idea on that
on my page. But now looking at the 1W chart. It actually looks like a previous strong 1W support. We have broken it and we may retest it and move downward. I also see this playing out within 1-3 months. 1W...
Price has been moving up for 5 days. Green doji on the 1D yesterday on 2/2/2021. Looks like we have a slow in bullish momentum and we will pull back. Looking for signs of an entry near our next 1D support at 104.50. Aiming for 1D resistance at 105.50. Updated SL @104.10, TP @105.5
Simple idea
I see opportunity in selling right now by looking at this 1W chart. But for some reason i don't think it will continue down just yet. I want to see a retest of this resistance on the 1W chart. This may happen within 3 weeks. If we retest and fail to push upward. I believe this is a bear market. Patience and timing are testing right now.
I see a big red doji candle at the top of my chart. Along with a huge bull run. Are we continuing upward? Or are we waiting to go down. I see a bear market about to begin and take price back down to 1.16. Still too early to say, if another bear candle is on this week or next week I want to enter short. Stay updated
I want to see a retest of the previous broken support near 120.60 up to 120.70. Support broken, so support is now resistance. If we retest i want to see momentum shifted downward.
