GBPJPY long strategy. This looks to be a day-trade opportunity so there are two positions, one for now and the other for later.
The yen has been pushing down on CADJPY since the open of the market.
Along with the yens strength, GBPJPY has a high probability of a sell opportunity.
Due to the yens strength, this trade is in the sell probability.
Been sideways trending for a bit. But here is a potential break into a rally up for this pair.
GU is looking bullish, with the dollar continuing to weaken. Some retracement is happening but potentially looking for a rally in the long run.
Waiting for a break out of the range before taking this trade. Been sideways trending since December 2020 so hopefully looking for it to break through the current 23 line on the fib.
Not gonna stay in this for too long, but here is a short trade idea.
Based on the 4 hour chart plus the 21 and 50 MA, EU is looking bearish (plus forex economic news factors caused markets to move downwards). The parameters for a potential sell trade are marked on the chart. Before taking this trade, please use proper risk management.
GBPAUD had a good buy run last week. Now, the market is looking bearish due to confluence pointing downward. Therefore, I am taking a short trade on GA.
I took a sell trade on USDCHF due to confluence that pointed downward. The market is looking bearish for now.
BTC is looking bearish this time around. It had a good bullish run last time. But today, looking to short this trade until it reaches a certain level.
My first time dealing with indices, but the same kind of markups as what I do with forex. Looking to short this trade for a bit.
The market on GBPAUD is looking a bit bearish today. Let's see what point price will hit before going back on the upswing. (Note: already taking this trade right now).
Just like with UJ, EJ is looking bearish in today's market. Looking to sell this trade in a moment.
UJ has been looking a bit down lately. Perfect opportunity to sell. Waiting for confluence to hit before jumping on this sell trade.