A BEARISH IDEA ON USDJPYHey traders, haven't done my TECHNICAL ANALYSIS on the 30MINS time frame, my idea on USDJPY is a bearish one .....
looking closely at the 30MINS chart on FOREXCOM:USDJPY , one can see the market formed an before we eventually saw a break of structure outside of the lower trend line ...... later on, price came back to retest the lower trend line giving us an ENGULFING BEARISH CANDLE closing below the previous opening candle
Hence, i have a convincing
However, i will be sharing a TOP DOWN ANALYSIS on this same pair on the 1MONTH TIME FRAME.
SEE YOU THERE INNNNN ANNNND OOUUUUT.
Linda
GOLD ! Price in range. Sell from resistance levelGold fulfills my forecast perfectly.
In general, what is our picture. The price of the metal after a false breakout consolidated near the level, forming two more false breakouts, thereby dropping unnecessary players. Then the tool moved towards us. Gold is in a sideways trading range between 1947 resistance and 1909 support,
inside there are local levels that hold back the price.
I am waiting for a false breakout of the 1938 level after a strong movement from support with price fixing below the level and a fall to the key point of 1918. I will enter the market on consolidation below the level after a false breakout.
Sincerely, R. Linda