NZD/USD (It is time to check your blood pressure) Updated View On NZD/USD (22 Feb 2019)
In trading, either your analysis goes in your favor (or) it isn't. No hard feeling.
As long as you get it right more than getting it wrong, you shall be ok.
But if you are getting emotional in every signal swing and movement, that is the best way to get your blood pressure high. It is just not worth it.
So, be like water my friend.
We had a good dive in NU today and now it is recovering well.
But NO one. I repeat NO ONE can tell where the market will go next with the absolute certainty.
All we can do is to produce our best/informed guess/analysis with proper risk management/lot sizing. Therefore do you still want to know what is my guess for this pair??
Read on.
I am expecting it can rise back higher back to 0.684 regions and 0.687 will be a nice TP swing level.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Sonicrsystem
GBP/USD (It should go up to 1.3120)View On GBP/USD (21 Feb 2018)
Just a quick write up.
GBP is defying all odds/all recent bad news and trying to rise up and we expect it will move up higher.
Near term, it should easily visit the region of 1.312x. Let's see.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Singtel (A strong swing up is possible)View On Singtel (21 Feb 2019)
This counter has been drifting lower for a long time and it "may" be a good time for the strong pullback. This move is to swing out last short traders.
We are seeing a high possibility of the decent swing up.
There shall be up and down swings along the way but 3.27 and 3.32 will decent resistants (aka TP levels for Long positions).
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
XAU/USD (Now $1,325 has become a good support)Updated View On XAU/USD (Gold)
We had a nice break out of $1330 level and it points possible further upside.
But you need to aware there are still some chances for a pullback along the way as well.
If you do not want drawdown and you want to time the time well, you can try waiting for a long set up near $1325 region.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
NZD/USD (Bulls are in control)Updated On NZD/USD (14 Feb 2019)
NU is making 0.67- 0.673 as good support region.
Now watch 0.6840 level, "only if" it is broken, it shall go to 0.6870 level soon.
I suggest you to stay with the LONG side for now.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
EUR/GBP (Slightly Bullish with higher high and higher low)Updated View On EUR/GBP (15 Feb 2018)
As far as we can see, it is currently in the mini uptrend with a healthy Higher High and Higher Low pattern.
The higher low is 0.876 region and it shall act as good support.
So, as long as that region is not broken, it can rise up higher for now.
The next TP/resistant level will be 0.8880 regions. This is where traders can look for a decent TP.
Nothing is certain in life. Our analysis can be right, and we can be wrong too.
Do your own due d diligence (DYODD), All the best and Read the disclaimer.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
We may (or) we may not take positions as discussed.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
GBP/JPY (Bulls are in fighting back)View On GBP/JPY (16 Feb 2019)
We had a strong swing last week on all GBP related pairs.
As of Friday candle, it is confirmed that 141 level is strong support and it ends with a rather bull momentum.
So, we are seeing a possible further upside.
-------------
Our Analysis
-------------
LONG (entry is valid as long as the price is above 141.1)
SL 139.1
TP1 143.1
TP2 144.1
TP3 144.7
TP4 145 (This will be one tough resistant regions)
Do your own due d diligence (DYODD), All the best and Read the disclaimer.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
We may (or) we may not take positions as discussed.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
BitCoin (It is priming for a next BIG move "UP")View On BTC/USD (18 Feb 2018)
BitCoin is a big range/Swing mode for the past 2 months as it is priming for the next big move.
We expect it shall rise UP soon.
We are seeing 3500 and 3200 as strong regions of support.
At the same time, we have $3,800, $4,150 and $4,500 as good resistants (TP area).
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Hong Kong Stock Index (HSI) (Bulls are still in control)View On Hong Kong Stock Index (HSI) (19 Feb 2019)
We have been bullish on HSI since the last December and the market has been hitting our taking profit levels (TPs) one after another.
Go see our previous write-ups for more info.
As of now, 28,470 to 28,530 was acting as temp resistant regions for now and the PA is trying hard to break it up.
Sooner or later it should be able to break the barrier up to move toward 28,750 (TP4) region. Let's see.
There may be decent pullback along the way as well. So be prepared.
Let's see.
-------------
Our Analysis
-------------
LONG (entry is valid as long as the price is above 24,200)
SL 24,080
TP1 26,790 (Already Hit)
TP2 27,660 (Already Hit)
TP3 28,295 (Already Hit)
TP4 28,750
TP5 30,970
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
WTI Crude ($55 will be one tough resistant level)View On Crude Oil (13 Feb 2019)
As per our previous trade analysis, the price had hit our TP2 level of $53.5,
Now we are seeing $55 level as very strong resistant and the price may have a hard time breaking it up.
It may be in the early stage of an upcoming sell down.
We will update you again as it starts to play out in our way.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Weekly Momentum Analysis On Major Pairs (Wk08/2019)XXX/USD: Bearish (USD still have the upper hand)
Gold & Silver: Mixed
XXX/JPY: Slightly Bullish
Indexes: Bullish
BitCoin: Slight Bullish
Post Scriptum: This analysis is for “general overview only” as it is solely based price action. That’s why it is called momentum analysis in the first place.
Support/Resistant, Volume, Macro nor any other factors are not used during write up. You may want to refer to the individual pair analysis for a more comprehensive write up.
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Dow Jones (We may be going into a range bound market)View On Dow Jones On (15 Feb 2018)
Dow Jones (and other major stocks markets) had strong up/rebound in last January.
Moving forward, it is getting obvious that the bullish momentum has slowed.
We are expecting that it is in the transiting toward a range bound market.
You will need to pay more attention as it can swing around (changing bull/bear candle) frequently. You will also need to lower your profit target expectation.
The nearest decent support is 25,000 and the resistant will be 25,500.
Nothing is certain in life. Our analysis can be right, and we can be wrong too.
Do your own due d diligence (DYODD), All the best and Read the disclaimer.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
We may (or) we may not take positions as discussed.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
NZD/JPY (A short term bearish swing is possible)Updated On NZD/JPY (15 Feb 2019)
It has hit the resistant level of 76 and currently, it’s making a pullback.
It can swing to the nearest support level of 74.06.
It is more of just "a momentum play" to us before it resumes the overall uptrend.
We expect the sell-down will be pretty much contained as we see the pairs have potential massive support near 72.3 regions.
Nothing is certain in life. Our analysis can be right, and we can be wrong too.
DYODD, All the best and Read the disclaimer.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
We may (or) we may not take positions as discussed.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
AUD/NZD (This set up is beautiful)View On AUD/NZD (7 Feb 2019)
This is one beautiful LONG set up IMO.
I am expecting it shall visit 1.0650 level soon.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
We may (or) We may not take the trade. The risk of trading in securities markets can be substantial.
You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
USD/CHF (We are expecting No FED hike this month)View On USD/CHF (30 Jan 2019)
I see the fed shall not raise the rate tonight?
Why? They have no reason to do so. National GDP and Unemployment rate are within the expected range.
We may have some "risk on" effect due to the no hike and it can bring positive impact on USD/CHF
We are taking off my previous short bias on this pair.
-------------
Our Analysis
-------------
Long (entry is valid as long as the price is 'above' 0.9840)
SL 0.9720
TP1 0.9968
TP2 1
TP3 1.0059
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
SPACKMAN (Do you want to live dangerously?)First of all, THIS IS ONE RISKY COUNTER. DYODD big time on this.
NO reward can come without risk.
We are seeing a possible sign of bullishness. It will become more obvious once it breaks up 0.03 level.
It is not recommended for Contra trading, too.
Legal Risk Disclosure:
Trading foreign exchange (or) CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
We may (or) we may not take the trade. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
USD/JPY (Risk On mode will bring this pair higher)View On USD/JPY (7 Feb 2019)
We are back on the risk on period and this pair is too rise higher.
It is facing some resistant near 110 level but sooner or later it will break out UP.
-------------
Our Analysis
-------------
LONG (entry is valid as long as the price is above 108.5.)
SL 107.1
TP1 110.8
TP2 112
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
We may (or) We may not take the trade. The risk of trading in securities markets can be substantial.
You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Gold (The current price is not a nice place to enter LONG)View On XAU/USD (11 Feb 2018)
In The medium-term (3 months to 6 months time horizon) is bullish but as for the short term, I personally do not think it has enough strength to break out $1,325-$1,330 regions "easily".
I am not in the hurry to long, just yet as I prefer it to go in with strong bullish momentum at good support.
I will wait patiently to buy in, instead of rushing in.
Look out for Strong support levels such as 1300, 1288, 1280.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
USD/CAD (The bullishness of USD can pull this pair UP)View On USD/CAD (10 Feb 2019)
We had a quick run up and it may do some pull back for now.
But as long as 1.312 level is supported, we can swing up to 1.337 level again.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Nico Steel (A curious case of bullishness)View On Nico Steel (8 Feb 2019)
This counter is one slo-mo counter but it is still proving its overall bullishness.
Trade with care as well since it is very speculative, it shall reach 0.007 level soon.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
We may (or) We may not take the trade. The risk of trading in securities markets can be substantial.
You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Best World (Bullishness has the upperhand)We had a strong breakout and my previous trade idea is no longer valid.
Price Action is too strong to call for any bearishness at this moment.
GBP/JPY (Risk On Effect can lift this pair higher)View On GBP/JPY (7 Feb 2019)
We are back on the risk on period ib overall and it can bring this pair up higher.
Do not get fooled the price action alone.
It is facing some resistant near 142.8 level but sooner or later it will break out UP.
-------------
Our Analysis
-------------
LONG (entry is valid as long as the price is above 141.1)
SL 139.1
TP1 143.6
TP2 144.2
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
We may (or) We may not take the trade. The risk of trading in securities markets can be substantial.
You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.