tywhit14

tywhit14

Following the rules simply, someone that is looking to swing GBPJPY to the downside, may have the perfect opportunity to capitalize. I am waiting for an Evening Star to form and to clearly see closure beneath the trend line.

tywhit14

Potential H&S pattern forming Waiting for confirmation with a strong candle stick pattern and then executing Holding till key levels

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IF we have a Head & Shoulder Pattern on 4h we can expect a good 60-70 pip drop

tywhit14

We have seen rejection at the major fib levels. IF we break the trend we could expect further downside

tywhit14

High Highs and High Lows 1.33100 is my target area. Keep it simple

tywhit14

If GJ breaks out of the channel, wait for the retest and consider shorting to 147.00 If it breaks the strongest zone I can find, 147.00 its game over. Strap your parachute and lets ride it down

tywhit14

Taking a look at the 4h time frame we can visibly see a STRONG resistance zone and an obvious triple top Lets be patient for a re test and get ready to enter this trade next week! Keep trading simple and go with momentum. Target 1 should get smashed and we should see some rejection around target 2

tywhit14

EURJPY will continue upward past the 132.00 mark IF the next 4 hr candle closes completely over the channel. If it retest, we will go long. If closure falls back into the channel we will have a perfect short and continue the downtrend

tywhit14

This pair is respecting S&R This pair is respecting Channel flow We will wait for breakout of channel or resistance breakout come Sunday 03.25.18

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SEVERAL TOUCHES ON THE MONTHLY SUPPORT HIGHEST HIGH 114.68 SUPPORT ZONE RANGE (15 PIPS UP & 15 PIPS DOWN) -tywhit FX:USDJPY when you swing trade, do not make it complicated. leave that up to the scalper.

tywhit14

SEVERAL TOUCHES ON THE WEEKLY SUPPORT. HIGHEST HIGH 137.48 SUPPORT ZONE 131.45 RANGE (15 PIPS UP & 15 PIPS DOWN)

tywhit14

For our traders going long on this position I can see the possibility of these zones becoming breached in the week coming ahead.

tywhit14

I see a simple daily pattern, higher lows and lower lows forming. Bounce and break off of support. Watch for continuation. Entry is coming up for the short

tywhit14

If this pair completes the pattern we are looking at going long around the 143.000 area. Plain and simple trading.

tywhit14

Bouncing off thee support once again with a strong bullish closure we can predict this pair to continue its path upward to test the .618 fib simple structure for a nice scalp

tywhit14

Fundamentals have played a big part in advancing the USD downward and it may continue throughout the week. We sit at a major support zone, waiting for a bearish break through before entering our shorts.

tywhit14

After retesting the support zone 3, almost 4 times, we finally have a strong bearish candle closing past the support. We are experiencing a quick retest of the new found resistance. We await the confirmation and ride the wave down.

tywhit14

Looking over the daily chart for USD/JPY it is clear that some nice clean patterns are forming. Should this pair rise up and create another high, I see it first hitting that daily resistance. I placed my target just underneath.