OmerTahir98

OmerTahir98

Bullish Flag nearing completion on the 4H. Once completed then with more accurate signals a probable buy scenario could arise such as price clearly breaking resistance marked by the purple line.

OmerTahir98

NZD/JPY Long Idea. - Firstly there is a symmetrical triangle formation beginning to form - Secondly the purple shaded area is a significant monthly support as well as being a previously strong resistance zone - To look for a price to take profit the 0.5 Fib level (69.862) is a very realistic area to target However if there are signs of continuing momentum...

OmerTahir98

The two areas I have circled in red show two similar scenarios: 1. a previous area of resistance 2. two candles showing long wicks a sign of exhaustion from the bulls and a potential signal of reversal to the downside The two pink horizontal lines show my target profit zones. Before entering my trade I will be waiting for extra confirmation from the 6H...

OmerTahir98 Updated 

- Firstly we can see that there have been 3 tests along the support line I have drawn. - Using the Ichimoku we can see that the conversion and baseline have begun to crossover signalling a potential new trend reversal. Additionally, we have a green bullish candle pushing out above the cloud which meets the rules for a long position. - However, I would wait for...