We have a sell opportunity for the upcoming week we can clearly see that the EURUSD has been on the uptrend for the past weeks making it a good opportunity for the reversal. which we already see it bounced from our key area and resistance at @1.09100 and it also broke the uptrend. we can expect a little pullback to get more orders around the resistance. overall...
We have a nice head and shoulders pattern on the 1hr time frame for EURJPY, there is also double confirmation coming from a good rejection from the 4hr resistance @144.486. we also see the breakout of the uptrend we currently had going on for the past week making it even better opportunity for the sell coming up. A nice point of entry would be around @144.000,...
We have GBPJPY on the 1hr chart we have a break of structure (BOS) around the level of 164.752 making it a great for us to have the supply area around the level of 165.100 since that's from the red candlestick broke the structure. Meaning we clearly see a zone that hasn't been retested. For the support I took in consideration the point where we see it gets...
We have USDJPY on daily chart that has been on a uptrend for a very long time and now it's looking like it reached its high level around the 139.400 and it's giving us the sign of a possible reversal coming up for the week. There is the uptrend trendline it's been respecting, and it looks like we will be breaking the trendline indicating a huge sign of the sell...
We can clearly see we have a big downtrend going on with EURUSD on daily and it's respecting the channel it has created making new lower low levels. We have the supply area around the level of 1.03926 which from there we can see a big push towards the new lower level at 0.99545 and which we have been seeing a consolidation in the past week making it our support...
We have EURJPY on the daily chart, we clearly see a really good uptrend channel that just broke on the previos week. We can get the idea of a possible retest of the channel and also the lower low level from the wick. I would wait for confirmation once it reaches the 140.000 and get a nice red candlestick showing the reversal.
We clearly see the uptrend we have been having on the daily until it finally broke the trend with a nice red candlestick making it a good sign that it's ready for the reversal.