SL: 1.06500 ENTRY: 1.07626 TP: 1.0 After an initial bearish move price found support at the monthly demand zone and also respected the 1.05 quarter point & monthly trend line. This ultimately formed a higher low and a continuation of the overall bullish trend. Price then began a bullish move until it met resistance at a weekly supply zone and created a...
Hey traders, in the coming week we are monitoring NZDUSD for a buying opportunity around 0.669 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, we are still expecting USD to go for more downsides with current Ukraine's matter, expecting the price to retrace after the breakout of current support at 95.9. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring USDJPY for a selling opportunity around 115.3 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
DXY confirmed bearish on a break of 91.980. Using structure to determine 90.581 as my current farthest short target, with multiple levels/zones to pass through first; shorts started around 92.186. Price retests and ranges within 92.186 - 92.333 are stuck in a zone that I personally will not attempt to trade within. The bullish trend was held above 91.800 at first,...
I have a bearish outlook on USDJPY. I am expecting price to make one last bullish attempt, before finally dropping as expected. I think the another minor push to the upside will create a double top or complete the head of the possible head and shoulders formation, from that point on i will be looking for a bearish candlestick to enter a sell. I believe that...
Tell me what you think I am open to discussion on a bullish dollar.
Here after careful review, trend analysis and pattern recognition on the 4hr 1hr and 15m time frame for entry I have identified an shorting opportunity for the USDJPY pair. Take a look at my analysis I would love your feedback.