USDJPY - Nearing the reversal zoneExpecting further downside on USDJPY - anticipating a reversal from the zone highlighted.
We may see a push up to meet the descending trendline/a rejection from the 200 EMA first - I will be monitoring this closely over the NY session.
A nice 200 pip drop to the July low could be achieved if this plays out to my expectations!
Rejection
AUDCAD UPDATE This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
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WEEKLY ANALYSIS AUDUSD! VULNERABLE NEWS AHEAD OF AUD! Good day traders! Hope you all are enjoying your pleasant weekend! Take some time to clear your mind and come back stronger into the market again! Everything will be alright!
AUDUSD has rejected to move higher on Friday and closed in bearish pinbar candlestick under weekly candlestick. The upcoming week will be a challenging week ahead of AUD as major data and news will be announced. Therefore, expect AUD to lose some strength.
A push to the downside is most likely to happen and ideally to retest the trendline which lies at 0.7043.
Do enter the trade with your own risk management control. It's not about you versus the market, it's always you versus yourself.
Happy trading!
GBPUSD Massive Sell Set-Up Opportunity Clean three touch ascending channel, with a complete middle section, along with price reaching the 3rd touch in a smaller ascending channel, with a bearish wick rejection on the trend line just below the double top for this Long and short term sell at the high value area
DAX - DE30 video top-down analysisHello everyone, here is the top-down analysis for DAX, feel free to request any pair/instrument or ask any questions in the comment section below.
Best of luck!