Its showing inverse cup and handle pattern so we set sell stop according to trade plan given below Inverse Cup & handle Entry Price/Sell Stop: 97.572 Stop Loss: 98.388 TP1: 96.705 TP2:95.889 Risk Reward: 1:1
good morning all market down trend bearish market also resstence daily timeframe sell to hit target tp= 100.800
hey all we have in sgd/ jpy bearish also have in macd big divergence in macd down but in chart style up its great oppotunity to sell to hit targrt target 94.300
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (86.44). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SGDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (86.44). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SGDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is above the 21-Day WEMA, which acts as...
Welcome back Traders, Investors, and Community! Hi Traders, SGDJPY on H4 is on a strong Bearish move after the Support breakout, it might go up to around 80.89 before it goes down. ⬇️Sell now or Sell at 80.89 ⭕️SL @ 81.28 ✅TP1 @ 80.04 ✅TP2 @ 79.81 ✅TP3 @ 79.68 We will have more FREE forecasts in TradingView soon ❤️ Your Support is really...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (80.89). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SGDJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
Trading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (80.89). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . SGDJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a...
SGDJPY short opportunity right at resistance with confluence
The Preliminary Japanese GDP for the second quarter decreased by 7.8% quarterly and by 27.8% annualized. Economists predicted a lower of seven.6% and 27.2% annualized. Foreign exchange merchants can evaluate this to the Japanese GDP for the primary quarter, which decreased by 0.6% quarterly and by 2.2% annualized. Preliminary Personal Consumption for the second...
1. 8 Ema has crossed over 21 ema 2. Price action has broke the 50 EMA 3. TDI showing some bearish signals on the RSI 4. Trendline broken 5. If you switch to 4 hour chart you are able to see that price action shows some rejection of major structure. 6. Divergence on both 1 HR and 4HR chart. More prominent on 1HR chart. 7. Breaks Asian Range **RR could be...
1. Finally a close outside trendline and triangle 2. Previous 3 times price action has not been able to close outside the trendline. 3. Broke inner shorterm support as well with lower low of candle price action 4. Good risk reward 5. RSI crossed below 50 as well
Breakdown is likely as we got DM breakdown qualifier 1 (prebreakout candle pullback - that green bullish weekly candle, then - the next bearish candle managed to close right on the trendline signifying strong bearish pressure. Current week's candle should be nice bearish breakdown candle). Intermediate target DM montly pivot. Ca. 53 pips. Long term target classic...
ENTRY: 77.300 TP: 76.800 TP2: 76.400 TP3: 76.000 SL: 77.900 Chart time frame - 1D Time for reaching TP - 1-2D Follow, Like, Share or Comment Thanks on supporting! All best!
I EXPECT 79.85 TO CAP ANY DROP. FURTHER RALLY TO 80.70 LIKELY
SMP TRADING SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY SMP Strategy Chart time frame - H4 Timeframe - 2-4 Days A – Activating Event Market will meet resistance in zone @ current levels - ... . In order to enter into this trade, the pair MUST be in line with my Entry Procedure.... B – Beliefs Market will move towards the first Target 1 level @ 77.40 ...
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions, -