Full Analysis for pair EUR/JPY! Write me your opinion in the comment thanks! If you identify with my analysis, like it!
Just a simple setup, what do you think?
🔸 4H CHART EXPLANATION: . . 🔸Price bounced at the Daily Resistance Zone. . 🔸It has broken the Ascending Trendline. . 🔸 Now, it is breaking the Support Zone, and we consider that it has potential to reach the next Support at 0.85600. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYSIS:
🔸 DAILY CHART EXPLANATION: . . 🔸Yesterday we posted an analysis of this pair, stating that we were waiting for a brekout of the Resitance Zone before considering bullish positions. . 🔸Now, the Resistance Zone is being broken, so we are waiting for a consolidation on a lower timeframe. . 🔸 The potential target of the move is the next Resistance at 145.00. . 🔸 Will...
🔸 4H CHART EXPLANATION: . . 🔸Price is on an uptrend. . 🔸It is breaking the Resistance Zone. . 🔸 The next bullish target is the Resistance Zone at 1.82500. . 🔸 Will look for a lower timeframe bullish setup. 🔸 DAILY CHART ANALYSIS:
🔸 4H CHART EXPLANATION: . . 🔸Price is moving on an Ascending Channel. . 🔸Now, it is facing the Resistance Zone. . 🔸 Before considering long trades, we are waiting for a breakout of the Resistance Zone. . 🔸 Will look for a lower timeframe bullish setup.
cadangan belian yongtai pada harga 0.145 serta jualan kembali pada harga 0.175
Looking at the 4 HR chart, you can see a triangle reversal pattern that has started forming from the downside. I believe that it will break the downtrend resistance and retest the support and continue to go bullish to 2 possible TAKE PROFITS. Let me know what you think...
Looking at the 4 HR chart I am seeing a bullish. I have 4 possible take profits. Let me know what you think...
Looking at the 4HR chart of AUDUSD, I believe it will break the trend line and go bearish. You can see on the chart that the base line of the ichimoko cloud is being used as a resistance and did not break about it. I placed a fibonacci tool and you can see that where the base line is those candles did respect the gold zone of my fib tool. Let's hope I am correct....
A short position on EUR/USD , overall downtrend on the pair you can see retail traders had pushed down the pair 1.7208 before collecting the liquidity at the zone above as the big intuitions usually do to counteract their longs from 1.17552 and then adding more shorts from the 1.17552 area to make a push to the downside to the 1.7000 area. The red box indicates...
When we look at the chart we can see that the price is testing the wedge. When we look at DXY we can also see that there is a breakout of the wedge. This could be a good sign that EUR/USD will go up and DXY could fall. Please let me know in the comments what you think of it. If you like the idea don't forget to give it a like and follow me for more ideas. If you...
🔸 4H CHART EXPLANATION: . . 🔸Price did a double top pattern at the Resistance Zone. . 🔸It has broken the Ascending Trendline, however, it did not start a bearish move after that. . 🔸 We are waiting for some bearish momentum before considering a bearish trade. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYIS:
🔸 4H CHART EXPLANATION: . . 🔸Price broke the Ascending Channel to the downside. . 🔸It has been consolidating for some days after that. . 🔸 We are waiting for a breakout of this structure before looking for setups. . 🔸 Will look for a lower timeframe bearish setup. 🔸 DAILY CHART ANALYSIS:
DXY H4 - As annotated, ideally want to see rejections before that previous high at around 93.80, this should compliment some of the structure we are watching, UJ, GU etc.