onlythatforeign

onlythatforeign

USD/JPY | Short idea

onlythatforeign

USD/JPY Long Idea | @ ~50% Fib Retracement. A bit risky as its an overall downtrend. Considered confluence with the mid range zone (blue dashed line line) and fib retrace and opened a long trade.

onlythatforeign

USD/JPY Long for t/p of 106.00

onlythatforeign

Neutral, until we get bullish or bearish evidence at this critical zone. Trade can simply go two ways to retest at either the S&R established above.

onlythatforeign

Will away for retest of resistance, await bearish evidence before shorting.

onlythatforeign

Once we have bulling evidence at current level, will retest mostly resistance.

onlythatforeign

AUDJPY LONG

onlythatforeign

Simple trade, major resistance area that has served as both resistance/ support and vice versa for a long period of time already. Hasn't broke through this area in over a year. May be a great time to short.

onlythatforeign

Possible new bullish channeling forming.

onlythatforeign

Overall sideways since Nov-Dec 2016, has hit resistance and as of now, shorts will be placed to play it safe, currently has hit 61.8 fib ret. Expecting a short this week. I have my swing set to tp at 110.950, not touching this for the next month or so.

onlythatforeign

Have been watching this pair these past few days, just wanted to share this as it makes me happy/excited to see when pairs are consistent with fib levels. This ABCD pattern forming (still in the process) is a beautiful example of how the mark retraced back to the 61.8% retracement level and then the market rolled over. I do believe that this will reach back...

onlythatforeign

USDJPY shows responsive to S/R levels and also respective of the fib retracement levels, this short idea is for at least the next week or two as it may retest the resistance level and break out or may continue on to the support level which has not been broken either in the recent months. This analysis was based just off price action S/R & fibonacci retracement...

onlythatforeign

Still expecting a lower low on the recent trend shown on the H4 chart. Been short since the retracement around the 50.00-61.80 fib level. Excited to see how this plays out the rest of this week.

onlythatforeign

Area of consolidation on the 4H.

onlythatforeign

Will wait to see how this pair does in the next week or two before making any entries.

onlythatforeign

Basic analysis, long idea for Aussie USD.

onlythatforeign

analysis $audjpy short idea.