USDJPY Was an overall downward movement from last week. We saw it retraced upwards to the 38.2 and now it is going back down. Bearish Move. Trade with care. Risk Management always. Follow Instagram for live updates and entrepreneurship things. . . Instagram: @travafx
We see the USDJPY break the price downwards in a descending triangle on the MONTHLY TIMEFRAME! This is a big drop. Currently in profit. Please enter on retracement. If this setup is successful, you will win big time. Trade with care. Risk management always.
USDCAD experience a Descending triangle on the 4H and we see it being in a bearish downside. (Refer to daily previous post for Daily timeframe overview) 1. Bearish Downside. I am looking for it to reach 1.22 (Trailing Stops) 2. Descending Triangle done. 3. If it goes the other direction, await reaction within the 1.24 4. Trade with Care. Risk Management...
USDCAD experience a Descending triangle on the 4H and we see it being in a bearish downside. 1. Bearish Downside. I am looking for it to reach 1.22 (Trailing Stops) 2. Descending Triangle done. 3. If it goes the other direction, await reaction within the 1.24 4. Trade with Care. Risk Management Always. TravaFx in PROFIT
Possible Scenarios of whats going to happen for this pair. Trade with care. Risk Management always.
Please Refer to Previous post on the 4H Timeframe. Trade with care. Risk Management Always. #TravaFxEURJPY
As analysed last week, we saw a huge consolidation around the 152.6 (yellow box) level that required and involved a lot of psychological strength. Not touching this pair anytime soon. Check hashtag for previous posts on instagram at @travafx. Trade with care. Risk Management Always. #TravaFxGBPJPY
We see an interesting setup here for the EURJPY 135.9 Key Level is being rejected countless of times which could indicate the start of a bearish movement downwards. The second scenario is breaking up =wards and it just being in a correction. Trade with care and money management always.
1. GBPJPY is looking to either break-out the trendline or continue bounce back downwards. Either could be in play. 2. We see the inner trendline broke out and re-testing the 150.6 3. Downwards bias for now. Till Further notice. See other post for 4H. 4. Risk Management Always. Trade with Care.
1. GBPJPY is looking to either break-out the trendline or continue bounce back downwards. Either could be in play. 2. We see the inner trendline broke out and re-testing the 150.6 3. Downwards bias for now. Till Further notice. 4. Risk Management Always. Trade with Care.
Further awaiting USDCAD Reaction for a better entry. Downward bias.
Audjpy price is consolidating around the daily trendline. Neutral Direction Bias.
EU Has broken the monthly key level 1. Look to retest the 38.2 Fib Level or retest monthly level before springing upwards 2. Very Short Term Sell 3. Overall upward bias