EURJPY POSSIBLE RETRACEMENT.Multiple bearish divergences on CCI support the analysis. Also a possible double or triple top as a reversal pattern might be the signal of the bearish prediction.
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USDCHF Sell Set upHi traders,
I'm having short perspective on this pairing. It is showing a lower high and lower low structure (short term), therefore short on this pairing would be my preference.
SL : 1.0110
TP : 0.9860
If it is broken upward the trend line, then I will look for opportunity to long.
Thanks and have a good day.
**Trade with risk**
Is AUDNZD possible??!Hi traders,
AUD is currently known at a very high area and it is resistance area too! However, I am going to do a long trade due to my setup. It formed a pinbar at support and trendline.
If the price broke below 1.0920 (SL), we may do a short position on this pairing.
Long:
SL: 1.0920
TP: 1.1040
Short: Follow blue arrow
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Thank you and feel free to exchange your idea with me.
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NZDUSD 1:2.7! Crazy SetupNZDUSD currently at a support area. The market low is higher than previous market low, shape a higher high higher low , which states that buyers are more than sellers.
TP @ 0.7100
SL @ 0.6920
If you like my idea, please follow me for more ideas to come in near future!
Thank you and feel free to exchange your ideas with me.
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GBPJPY already formed Reversal Signal!!!! Hi traders,
After a long time of waiting, GBPJPY has formed a reversal signal , which is a good looking pinbar at support area!! Yay!! :)
Well, I'm not 100% saying that GBPJPY will go up, instead I'm it has higher probability and possibility to go up. The risk-reward is beautiful. Therefore, I would suggest you to do a long position on this pairing.
If you like this, please subscribe me for more setups and ideas in future. Thank you and feel free to exchange your ideas with me.
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AUDUSD Inverse Head & Shoulder??? A doji is formed at a very important area, where is the price broke above the trendline and support line. It is sort of a *special* inverse head and shoulder to me. In daily chart, it was a bullish engulfing yesterday too. Therefore, it seems that buyer is more than seller now.
I am doing a long position on this trade.
TP: 0.7640
SL: 0.7520
Thank you and feel free to exchange your idea with me.
Will GBPJPY form a Reversal Signal at 138.5~139.0 support area? Hi traders,
138.50~139.00 is an important support area for GBPJPY, as it has successfully supported GBPJPY 3 times. Of course, I hope this will be the fourth time. :)
Waiting for a clear signal is more important than simply execute a trade without confirmation.Therefore, keep an eye on this pairing when it has formed a reversal signal .
TP1,2,3 is on the chart.
Thank you and feel free to exchange your ideas with me.
**Trade with care**
Long EURJPY??!Hi traders,
The price is closed above MA 50 (Purple), along with trendline and support. Therefore, it is a good opportunity to long this pairing.
First TP : @122.35
Second TP: @123.75~124.00 (123.75 is recommended for safe profit) :)
Thank you and feel free to exchange your ideas with me. :)
**Trade with care**
Euro FX/ U.S. Dollar, 60, FXCMHello World
This is my first post so please critic me if you see anything i'm not doing right. I am attempting to teach myself harmonic patterns and identifying them correctly. please leave any pointers you have or see any mistakes i am making. Every $.02 helps. Thanks.
Anyways, this is euro/usd. Im seeing a short set up on the hour chart. agree?