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mikeeofficial

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Joined Newcastle Upon Tyne
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100 % forex
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USDCAD 33% | 1 AUDJPY 33% | 1 USDJPY 33% | 1
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mikeeofficial mikeeofficial AUDJPY, D, Short ,
AUDJPY: AUD/JPY
24 0 0
AUDJPY, D Short
AUD/JPY

An opportunity has presented itself

mikeeofficial mikeeofficial USDCAD, D, Long ,
USDCAD: USDCAD Possible Long-Term Trade
17 0 0
USDCAD, D Long
USDCAD Possible Long-Term Trade

I can see very clearly a massive resistance/support zone which was broken and now is being retested with a beautiful candlestick rejection, Monday formed very nice low test rejecting 0.5 level as well as new long term support level. I will wait for further deceleration and for Tuesday`s intra-day signs of bullish momentum coming in. This analysis doesn't mean it ...

mikeeofficial mikeeofficial USDJPY, D, Long ,
USDJPY: Tweezer Bottom Setup
48 0 3
USDJPY, D Long
Tweezer Bottom Setup

High Confluence in my opinion 1.Forming tweezer bottom 2.Rejection of 200EMA 3.Divergence of the weekly trend line 4.I can see rejection of fibonacci level at 0.382 weekly / daily 5. Rejection of a key level at 120.500

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