JeayFX

JeayFX

Price has brokenout from previous swing point which gives a confirmation for long position and currently making retracement into support zone which gives a better entry for a 1:5 RR

JeayFX

Price has broken out new zone, we expect bullish continuation to the peak formation high as it aligns with the higher time frame bullish momentum

JeayFX

Price has cleared previous support zone, however we see a retracement into the 30min internal PFL zone where we expect price to bounce back to the higher timeframe bullish momentum as correction has likely ended.

JeayFX

GU might break the channel to the downside before making its way up, considering the strong US data release yesterday, watch out also for continuation confirmation. Ideas: 1) Sell on a break of the channel, wait for a retest or confirmation candle. 2) Buy on a bullish confirmation signal ALWAYS consider risk management and Happy trading!

JeayFX

The pairs broke back into the descending channel yesterday, likely to continue downward to daily dynamic support, from which we can look for buy position. Currently within an ascending triangle from which a break will indicate possible long term bullish trend. Ideas; 1) short term sell scalping, with a tight stop loss. 2) wait for a retest of daily support and...

JeayFX

The pair is currently trading in an upward channel, likely heading to retest the lower channel trendline which has been a valid support, before going up. Ideas : wait for the retest and confirmation on a Lower time frame, set stop loss 5-10pips below channel. Manage your risk and Happy trading!!!

JeayFX

Retest gives us and opportunity to go short, look for confirmation and entry on lower time frame, next support at 1760.09 a break may confirm more bearish trend.