Simple price action trading after the hammer candle stick formation we'll waiting for confirmation and enter position big swing
Entry TP SL on the chart as well.
Happy trading.
Simple price action expect the price resume uptrend after stabilizing after a huge selling pressure that i can tell a simple SL hunt entry and out on the chart .
Happy trading
GBPJPY Long position on breaks of triangle bullish construction to continue towards 193 mark following the more than expected today's PMI use appreciate money management and SL as indicated.
Have a good trading day 🙂
Peace Love
Bearish momentum is losing from a failure swing detected on the 4H TF indicating the last correction is over now we still in the raising channel until we break it and then if we have a breakout of the recent top cause the long-term trend is bullish and the dovich tone of BOJ
Peace 🕊️
Hello traders,
Best price action on an active downward momentum on EURJPY price is accumulating on H4 TF so if the price break bellow both ascending triangle pattern and this support zone here that's provide solid zone go Short to TP
GBPUSD is in a channel now looking for buy at support when price meet the lower of the channel TP at the upper of the channel and SL a few pips below the channel @1.2420
In the 4H we got a RSI divergence though.
Technical analysis:
Potential double bottom seen in H4 price tested the résistance one cleared and a firm close above it uptrend will resume to target new high.
Entry @1.2618
SL @1.2498
TP @1.2825
Fundamental analysis:
Today CPI reading cames as market expectations showing slowdown in price pressure that's mean traders are betting on dovish Fed tomorrow and...
