we have rectangle pattern and the price break the down line the price will continue in the same direction and you can see strong signal from Ichimoku and also strong sell signal from MACD and Stochastic
Hi Friends, as you can see that GBPJPY is in pressure from last week and now I think I will break the falling wedge If it breaks and close in a BEARISH below the RED ZONE it's a good opportunity for a short here with target of 50.00% Fibo Level. Good Luck. #TRADEATYOUROWNRISK #MONEYMANAGEMENT
Downtrend continuation, overbought conditions may lead to a drop off. Use risk management and trust your instinct. This game is all about patience and emotional control. - Happy Trading !
If you missed the AUD/CAD short I posted recently you may still have a chance to enter if prices pullback to and reject the highlighted area. My overall bias remains short despite Friday's bullish candle. I will watch prices in this area, but if prices continue higher I will watch prices at the 61.8 fib for another short there
Weekly tf USD/CHF short off of 61.8 Fibonacci and 1.00000 area price whole number