I was bearish on eurjpy for the last week due to the weekly and daily charts, however, when I look at the 2w timeframe there is a completely different bias because on the last third candle price successfully engulfed its previous candle high and it seems like it is picking up orders especially on the psychological level at 157 twice for the next move to the highs.
The overall trend is bullish however there has been a rejection of the box drawn on the chart which is 0.8920 to 0.8950 for the past couple of days. Therefore I'm looking for a downside move to 0.8880 the box drawn below the current price.
Due to my last long-term analysis on gold have been taking the longs all day from 1810 however, now it is time to change the bias into shorting gold here is a trading setup based on my gold long-term perspective Entry: 1933.700 TP: 1904.00 SL: 1937.63 (base on your own risk management)
EURJPY Short Entry: 145.150 TP1: 143.700 TP2: 142.600 SL: 145.460 "base on your own risk managment" For a higher win rate its safer to wait for the trendline breakout, then enter the short position
EURJPY Long-Term Perspective The Last EURJPY analysis expected the Bullrun continuation above the trend line and then rebound from it for a bearish move to the downside around the 135.000 psychological level Obviously, it is not going to reach that in a week or 2 and there could be a lot of minor rejections and corrections along the way to the main target, this...
USDCHF Long-Term Perspective macro chart on the left side USDCHF can continue its current rejection on 0.94200 all the way down to 0.92000 psychological level which can create a long opportunity around the area on the lower time frame for another Bullrun to the main target which is around 0.95500 USDCHF lower time frame (minor chart on the right side) For now,...
Still, the same long-term perspective on gold as I mentioned in my last gold long-term analysis I was looking for a rebound and a bull run to the upside which happened previously, however, it is just a correction in my point of view for the main event and the primary meltdown on gold... As I am monitoring the current bull run on gold in the lower time frames...
Looking for a rebound on BTC for the weeks ahead to create one last bullish drive to the upside to 24500 or 26300 which depends on the current BTC rebound as highlighted with arrows Then creating an opportunity around the area for the big bearish run all the way to the origin of the current bull run or even creating a new low on BTC BTC Long-Term Perspective
USDCHF is Creating a long opportunity by developing the 5-0 harmonic pattern which is a continuation of shark harmonic pattern Therefore, entering a long position on 0.922000 with take profit levels at 0.93230 & 0.93800 could be a high potential long setup to consider Enter: 0.92200 TP1: 0.93230 TP2: 0.93800 SL: With your own risk management FX:USDCHF
USDCHF is Creating a long opportunity by developing the 5-0 harmonic pattern which is a continuation of shark harmonic pattern Therefore, entering a long position on 0.922000 with take profit levels at 0.93230 & 0.93800 could be a high potential long setup to consider Enter: 0.92200 TP1: 0.93230 TP2: 0.93800 SL: With your own risk management
EURJPY Short Opportunity Entry: 143.260 TP1: 142.880 TP2: 142.500 SL: Based on your own risk management Completing its pullback on higher timeframe on my last EURJPY analysis, then creating a long opportunity & rolling up for a drive to 145.000
A Clean Trafic between 142.800 to 145.400 which is a nice long opportunity for the trend followers however personally looking for a nice rebound around 145.350 till 145.600 for a long run to the 135.000-134.000 area on the macro scale & higher timeframe on the left-hand side chart
Hope to see a rejection on the trendline, moving to the downside for a clean long opportunity around 0.91300 TP1: 0.92370 TP2: 0.93500
The big picture & the main bias is on my macro chart on the left side and the micro chart is on the right side to spot the trade opportunity Currently waiting to see a clean tab & rejection on the vwap around 1820 to 1808 for a long opportunity on the lower timeframe for a gold run to 1929-1930
Looking for a short opportunity 23.300 or 22.700 which are the two possible key levels for BTC to be melted into the 20.600