Pair was stretched away higher from the ma's and fell back to them and then passed through both. Now it is on it's way to the 800 sma. Watch for a retrace on the 15m chart for an entry point. A measured TP can be the distance above the ma's will equal the distance below the ma's. First TP is the measure TP @ 1.1814 and the second TP is the 800 sma @ 1.1746 but my...
Looking to see further downside on EURJPY here if price can hold the Fib Retracement region @ 61.8%. We have seen price break the trendline and bounce off our Monthly Support Key Level @ 128.000 to form a pullback. There is now opportunity to take a Short Position after we have seen the markets retest the trendline forming some indecisive candlesticks sitting on...
In continuing with the downtrend, USDJPY 1H presents a good look at a Cypher pattern trade. Target 61.8 off of leg CD. Enter with your own discretion!
Wait for break out for taking opportunity, I will recommend to take entry in long direction after up breakout.
Here is my first analysis post on Trading View. Harmonic Pattern shown is a completed bearish butterfly Trendlines are valid are show a created channel. Around (D) Point was my PRZ (Price Reversal Zone) as the entry shows. TP 1 is at .382 Fib level TP 2 is at .618 Fib level Once price hits TP 1 bring down Stop Loss into profit to secure the trade doesn't lose...
We can expect a bigger move down to around 0.90825 This is a very long term setup so don't enter the trade now. Wait for the flag to form.
After a double top formation + RSI divergence Im expecting a downside move to the 1.10085 zone + 38.20% retracement. SL: 40 pips above... Enjoy and happy trading week! Like and Follow.
double top formed on the pair with strong bearish moves, im short here
the pair has retraced back up to resistance, looking for confirmations for shorts
hit daily resistance, potential reversal to continue down trend
Looks to be a Head and Shoulders pattern forming, I will watch for a continuation to the downside. Possible short swing trade or intraday short.
Widerstand scheint zu halten. Resistance seems to be strong enough. Let's go !
There is strong sell signal on inside bar setup. which has triggered now. give feed back Thanks
it is follow able setup because weekly candle sporting this short trade for more bearish, kindly give feed back Thanks
We have a very high probability for a short trade in USD/JPY, TP 108:000 SL: 112:000
I believe with Brexit just around the corner and with the interest rate decision in the US we will continue to see a sell off on the daily chart for GBPUSD down to 1.1949, we tried testing the resistance and was un able to make showing it is not respecting that area and price action continues down, this is more of a high risk trade due to GBP needs to break recent...