kuroSoraFX

kuroSoraFX

We are currently in a smaller pullback on the H1, looking to be supported by: - Previous support and resistance - 50 EMA on H1 - 0.5 Fibonacci retracement level - Respected trendline Entry - 1.1907 SL - 1.1827 TP - 1.2101 RR - 2.3:1 Let me know what you guys think and if you enjoyed then please consider leaving a like and following, much appreciated.

kuroSoraFX

Currently in an ascending wedge on GJ in the middle of a longer downtrend. Currently being rejected by upper level of support in confluence with the 0.5 Fib retracement and the EMA 200 on 3H. Current position entry - 133.92 RR - 4.2:1 SL - 134.87 TP 1 - 128 TP 2 - 119 Let me know what you guys think down below and if you enjoy my ideas then please consider...

kuroSoraFX

short term bounce expected from this level of previous S/R and the 0.5 Fibonacci level. Will be setting a break even SL fairly early as the current momentum is downwards. SL - 108.15 TP - 110 If you enjoyed then pelase consider liking and following for more

kuroSoraFX

Trading Tutorial Thursday #1: Risk management Why do most traders fail in the long term? It's not because they have a bad strategy or because they find it hard to keep an >50% Win Loss ratio; it's because of their lack or RISK MANAGEMENT. Quite simply put; in order to stay profitable in this game you need to become a master at risk management first. In a...

kuroSoraFX

EUR/JPY ascending wedge, currently testing the lower support line and monitoring for a breakout. Should we happen to see a breakout the following will be my setup: SL - 121.25 TP - 118.28 Let me know what you guys think. If you enjoyed then please consider leaving a like and following for future updates and analysis.

kuroSoraFX

USD/JPY is currently falling out of its ascending wedge and so I'll be monitoring lower time frames for accurate entry points. Current setup: SL - 111.75 TP - 107.85 Once price reaches 110.15 I'll be monitoring price action in anticipation of a pullback. If we do have a pullback i will take some profits and look for re-entries. Will keep you guys updated. Let...

kuroSoraFX

clear uptrend on GJ, currently waiting for pullback to buy into the green triangle. Will be entering once we have confirmed bullish signals around the lower support and hopefully closing back above the 0.618 Fib entrancement level. My plans: Entry - 130.9 SL - 130.1 TP - 133.3 Let me know your thoughts down below and if you enjoyed please leave a like and follow...

kuroSoraFX

clear ascending wedge during a H4 and D1 downtrend bullish momentum is decreasing and we will see a sell of over the next few hours.

kuroSoraFX

it go up maybe to 134

kuroSoraFX

We can clearly see on the H1 time frame that we have a very large and obvious ascending triangle. Price is currently holding above the upper resistance however we will have to wait for an hourly close above. If we happen to break out then the technical target is roughly at 0.637

kuroSoraFX

Ascending wedge on AUD/JPY on H1 while in the pullback of a clear H4 downtrend.

kuroSoraFX

TP - 128.235 SL - 155.690

kuroSoraFX

As we're entering the new trading week we can see on the weekly and daily timeframes that GBP/JPY has been supported very nicely in the 125-126 range. Zooming into the H4 and H1 charts we can see that we have a successful break of the downtrend and I would expect a rise from GBP over the coming days and will be looking for long positions.

kuroSoraFX

Clear break of 128.55 level before retesting twice. This is the second retest so i will be cautious and wait for confirmation to mitigate the risk of losing if we break to the upside. Should we happen to continue downwards; I'll be targeting 125. M15 chart currently showing selling pressure in tight consolidation range with multiple bearish wicks. SL - 129.65 TP...

kuroSoraFX

as we can see we are currently breaking lower after being rejected by resistance levels. I am currently targeting 1.08 where i will take 70% of my profits My entry points - 1.1015, 1.0915 SL - 1.0929 TP - 1.08 Good luck!

kuroSoraFX

Currently retesting previous resistance as support after breaking upwards from two patterns in a row. This suggests that we are forming a new, solid market structure. If we then go down to the M5 chart we can see that we are beginning to experience a bounce off of this zone and will be waiting to see a confirmed bounce on the M15. For now i have taken a small...

kuroSoraFX

On the H4 we can clearly see that XAU/USD has fallen to a new lower low. We are currently retesting the resistance from our previous low and zooming in to the H1 chart we can see that there are currently 5 rejection wicks indicating a likely continuation to the downside. ENTRY - 1512 SL - 1530 TP - 1450 RR - 2.3:1

kuroSoraFX

On M15 we can see a clear descending broadening wedge with 3 touches on the bottom support so far. Current price action on m5 shows a potential rejection from the upper levels. Will be waiting and expecting a bounce from the median line before breaking out to my profit target of 114.