If you like the idea, do not forget to support with a like and follow. on H4: EURJPY is trading inside this big channel in blue, so we are overall bearish here and we will be looking for trend-following sell setups on lower timeframes as price approaches our upper blue trendline. on H1: EURJPY is forming a trendline in red (not valid yet) so we will be waiting...
So bigger picture, until we break the 133.000 Higher Low, we're still in an uptrend technically speaking. You can see the support forming within the pennant formation, which con-fluently lines up perfectly with the 61.8% Fibonacci Level. Anything between 134.800 and 136.400 is a no trade area for me. Initially there doesn't seem to be a lot of downward target...
CHF/JPY is making bullish signs with the rvi daily bullish cross and a harmonic bullish pattern at play. expect a strong move up on the daily chart.
AUDJPY is testing the descending channel resistance. Price brokedown below the trendline support. RSI trendline breakdown. Sell entry - breakdown below previous swing low ⬇️.
Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current levels for buy.
We are bullish and going to the top of the channel
NZDJPY is testing the horizontal resistance level. Sell entry - breakdowm below the trendline support + previous swing low ⬇️
End of the week wrap up, willing to risk with a great week.
This looks to be in the process of completing a bullish harmonic before its major uptick. Not all the wy sure just yet. I'm trading along until it gets to the monthly 136.218 zone to determine its full direction, or to the daily 133.414 zone to see will the bearish move begins to pivot. So this week is just getting in front of the move until the true trend reveals...
USDJPY broke down from major support and is currently in bear flag, which has bias to break to the downside and is a bearish continuation pattern. Sell the break of the uptrend line and take profit at 103.350, around 30 pips profit. Both RSI and MACD are very bearish. It's wise to follow in order not to miss on such opportunities! Cheers, Tibor
eurjpy stucks in a dirty range. i am waiting for a break adn retest of this resistence to take a buy
AUDJPY testing trendline , further drop expected !
AUDJPY has reached important key level, where it'll start reversing. Breakout + retest of the trend line gives us a strong indication to open a short position.
Signal ID: 73920 Time Issued: Friday, 06 November 2020 03:42:15 GMT Status: open Entry: 122.102 - 122.495 Limit: 121.550 Stop Loss: 123.122 The Breakout Opportunities system has just sold EURJPY at 122.286. The system recommends entering this trade at any price between 122.102 and 122.495. The signal was issued because the EURJPY has broken its 24-hour low while...
EURJPPY after breaking below the daily structure hit the ascending trendline and retest the resistance area at the 0.5 fib level. The price on the 4h chart is moving inside a minor ascending channel. IF the price will break and close below we will set a nice short according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure ->...
CADJPY on the daily chart broke the ascending channel. The market went for the test of the weekly support at 78.300 before testing the 0.618 of the previous leg at the retest of the channels trendline. IF the price will break below the 4h support, we will set a nice short order according to Plancton's strategy. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple...