Tshiamo_Tlhabane

Tshiamo_Tlhabane

fib levels on the weekly chart of USDJPY

Tshiamo_Tlhabane

could be looking to go long

Tshiamo_Tlhabane

bullish penant so long on this one, and bounce of trend line

Tshiamo_Tlhabane

its formed a channel so we'll be looking for logs within the channel

Tshiamo_Tlhabane

formation of a harmonic pattern so looking to possibly go long also respected the bullish trendline

Tshiamo_Tlhabane

looking for a formation of a harmonic pattern to go long

Tshiamo_Tlhabane Updated 

a triangular formation has formed , there is also a descending trend line which has been in play from 2009, now we are looking to go short to the ascending trendline as you can see its a double top situation, so short entries

Tshiamo_Tlhabane

key level at , its about to form a diuble top on the trendline which has been active since the end of 2016, so its formed a general channel which is bullish, so it might be a short position

Tshiamo_Tlhabane

Going back to the beginning of this year on the 27th of January it completed is double top then went into a bearish movement until point x of my harmonic pattern then bullish to point A at 83.546 then to point B at 78.324 then point C at 85.893 WHICH IS A VERY IMPORTANT LEVEL OF RESISTANCE IF YOU LOOK AT THE CHART PROPERLY, then it went on to point d at...

Tshiamo_Tlhabane

well i see the formation of a bullish channell on the weekly chart and it looks to have completed its cycle on the daily so just looking for a bounce of the trend line to go long

Tshiamo_Tlhabane

looking for a posible ling if the candle stick closes above the support

Tshiamo_Tlhabane

looking for a bounce back to the blue zone

Tshiamo_Tlhabane

still short if you watch my previous post

Tshiamo_Tlhabane Updated 

seems to have formed a bullish channel but on the bigger timeframe still looking to go short

Tshiamo_Tlhabane

it has formed a bullish channel when it reaches the resistance of the channel, we might be looking for some short opportunities to the neareast support level around the 1.21526 price so at this point it might be great long opportunity, when it gets to the support level we will be looking for the formation a harmonic pattern

Tshiamo_Tlhabane

the pair has reached a level of resistance on the 4H chard should it break we could be looking to go long but more likely to be a short position as on the daily timeframe looking like a possible head and shoulders formation. on the $h chart it looks to have formed a descending channel, the upward movement was a retest of a much bigger bearish movement.

Tshiamo_Tlhabane

i see a w pattern forming and the fib retracement of 50 has already been tested

Tshiamo_Tlhabane

waiting for the breakout to go short