Weekly closed with a bullish formation and the price still remain bargaining by the buyers (View From 4 Hour) Currently, this pair is sustain well at the level of ~1.1165 . If enter in this level for long position, our risk is quite high due to current pair formed lower high. Once it break the level automatically next support will be 1.1100 . My point of view...
Strong Selling Power at 114.000 - Seller pushed the price approximately 110.00 another crucial level .. Buyer came in and pushed the price to 112.000 which showed as a pullback formation .. After a few tested at 112.00 level price form a lower low due to buyer start to exhaust and seller gradually coming in to take back the selling power
Daily Close Below 145.00 (Important area) The short confirmation is valid
IF the price support well on 1.86 (Crucial Level) A long position can be open #Trade Safe
Strong Momentum push and break above the level of 1.29500 .. The confirmation for upside is valid Current price play around within 1.29900 ~ 1.3000 (CRUCIAL LEVEL) .. Long Order is filled after the break the 1.29500 and aiming target profit 1.31000 Cheers~
USD/JPY will be my watch list pair for next week trading plan For the Daily & Weekly assessment, both of the timeframe erase the last high record (114.00) and close with a bearish engulfing. Currently (H1) , price had congested below the level of 111.650 (Which is the strongest support area formed at 07 February 2017) and formed sideway formation below the...
Price been playing around in between 1.28650 (Downside) ~1.29500 (Upside), which also the last support zone established on 15 August 2016 Within this area, Seller and buyer keep existing when price had reached the control price level Although, today GBP's economic news perform quite well BUT seller seem more stronger than buyer In conclusion, i would not...
Strong Bullish candle covered all the bear candles which formed in the Daily time frame. It shows a strong demand power when the price reach 1.06250 (Weekly Demand Area) In the other hand, Price is well support in the level of 1.07500 and the momentum for long sides slowly gaining In conclusion, this pair is a great potential to the upside #Trade Smart
Sideway spotted in 4 hour time frame and the formation is quite bearish. For the target profit setting, for myself i would like to take my half monies to my pocket at the Level of 82.700 (Target Profit 1) IF the price continues look bearish i would like to let the other half of the position to float to the next level 82.00 (Target Profit 2) Meanwhile, once the...
*Weekly Closed On 24/4/2017 : Strong Rejection when the price reached 1.3800 When we narrow down to Daily time frame , we can observe that Bull & Bear Congested in between 1.37500 ~1.36500 There is 50% ~ 50 % USDCAD may continue the uptrend or selling pressure push the price to downside For my point of view , if the price play in below 1.3800 i'll try a shot...