Will be looking for a possible swing signal as we are coming to a close for June. Below will be a very strong multiple monthly support. 1.2260-1.2200 will be tested multiple times before reversal may happen.
If price close and trade on the orange zone it will be a down trending which clearly buy is not an option
Target reached as forecast. Is the reversal near? I will be monitoring price action in the targeted zone for the next trade Comment if you like my idea
We see the momentum pushing down at the demand and supply zone in the recent H4 and it never made it back up. Will be continue to hold my sell for the coming week
Yesterday 4H broke support at 1.2433 which now turn resistant 1H chart retrace and rejected the now turn resistant level and continue moving down Will continue to monitor 1.23600-1.2300 level for a buy signal at H4
I would like to see 1.23xx area to be tested again to add another long position
After rejecting Fib 0.618 for 3 days since the retracement on Monday. A short is activated 0.6900
Highly reachable target. I am in favour of scenario 1
How long will you hold this trade? What I expect market to react for this 2 weeks Follow if you agreed
Bear is strong and it has proven over the week. 2 scenario which either way I am in favour of the bear for the coming week
What we expect and what i hope to see Interesting trading week ahead
What to expect next week and how do i take my trade base on 3 TP areas. estimated time on my current entry till TP would be until end of June or perhaps earlier. P/S : Patients is key to great Pips
Next week outlook for EURJPY Selling momentum is healthy continue selling to the 117.xx areas Might expect side ways once it reaches 117.xx
Missed weekly pivot June 2020 has been filled. GBPUSD is closing in soon to fill missed June weekly pivot Should pivot be one of our key analysis point? Feel free to comment
Some traders might believe or some might not Looking at the speed of the rising up trend line MISSED a few weekly and 2 monthly pivot points Sell entry is place to test this strategy
H4 head and shoulders completed and broken down support line. Daily chart an inverse head and shoulder which falls currently at the right shoulder Yesterday lost trade due to suspecting an early reversal might happen at the strong support line before completion of the H4 right shoulder and hit SL once it broken through. Buy entry begins today. Targeting TP1...