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USDJPY-SELL

USDCHF.... SHORT TRADE IDEA... 10RR POTENTIAL Hello Traders, Here is one for those in doubt for what pair to trade this week. USDCHF is at a solid supply in the monthly, weekly and also daily timeframe. If you look at the monthly, you will see strong rejection candles and the weekly will display more information on that. Though I speculate that the dollar will fall to a size amount this does not mean it will start a bearish trend, but a profit taking situation. If you change your chart to the daily timeframe, you will notice why I have strong feeling that the bearish leg (profit taking) will continue from here. History doesn't repeat itself but it does rhyme most times. Let me know what you think in the comment section. follow me for more trade ideas. Cheers.
Short
by jabariofafrica
USDJPY.... APPROACHING STRONG SUPPLY... GET READY!!!Hello traders, I guess you are gearing up for the market to open.... anyways, click agree if you like my trade ideas. For this trading week, I am watching USDJPY for a short opportunity. As you can see on my chart, I have marked my supply order block in which once price enters the marked region, I will go on lower timeframes to look for an entry. You will also notice that I have marked on my chart, the potential turning point for price. This turning points are where true liquidity lays its head. As for me, I am expecting price to sweep the first liquidity as marked on my chart but as for the second, I am not sure but I will set my take profit at the second liquidity pool and take partials after price triggers the first liquidity pool. Then move my entry to breakeven and monitor price to see if it completes the move. What do you think about this trade idea? If you think its nice watch out. I will be posting a trade idea on EURGBP in some hours. I just want to see its behaviour before posting it. So you can follow my channel to see it once I post. Bye for now. David
Short
by jabariofafrica