possible long opportunity. will have to wait and see it the price rejects support showing bulls are in charge
touching support and resistance zone and rsi as oversold likely will bounce up
short it as its hitting major fib zones ans lines up with rsi and previous structure
Will go up to resistance then i will wait for entry reasons then I will enter and ride it down.
This is rejecting the major resistance zone and likely to fall down to my predicted area.
Nice short opportunity, Cad is still stronger than jpy so will have to wait to enter this trade. Also waiting for a couple other entry reasons to go short. Patience is key.
As we can see right now the price is starting to reject the support but both currencies are weak right now so we could get more strength in eur which would be the push up im looking for or cad could strenghten and push the price down through the support and touch the bottom support underneath the current one. I am waiting for a few factors to go long. If the eur...
This pair has clear support and resistance levels which are shown on the chart some marked on daily and 4hr chart . The level it tested when I entered the trade has been support and resistance multiple times which means its highly likely it was going to reject the resistance once again and went in my predicted direction and hit my tp on the support level .
This pair has clear support and resistance levels which are shown on the chart some marked on daily and 4hr chart . The level it tested when I entered the trade has been support and resistance multiple times which means its highly likely it was going to reject the resistance once again and went in my predicted direction and hit my tp on the support level.