courtwann

courtwann

Strong up-trend due for reversal/retracement into the 0.618 - 0.382 fib zones or the 89 - 200 EMA The Yen is also over sold, which can add to seller appetite. Confluence: BOS on Daily TF results in retrace RSI over bought EMA's fanned on lower time frames Entry 172.100 - 172.900 SL 172.200 Move stop to entry once price reaches 171.300 TP 1 - 169.516 TP 2 -...

courtwann

Trade Plan: S/R Flip Weekly: BBWP is at 20.63%, price could potentially be looking to break out this week or next, previous break out on the weekly the BBWP was at 14.24% Daily: Price appears to have made a support and is likely to continue pushing up to 163.700, if price can break above this, we could see levels of 166.103 4hr: Price has formed support around...

courtwann

Trade plan: I am looking for buys from 162.000 to ride price up to exhaustion where I will then be looking for sells Weekly: Price has double topped on the weekly time frame, hasn't broken the high of 168.710 or the low of 155.609, so technically still in an up-trend from a macro perspective, when also looking at the monthly chart GJ has plenty of room for...

courtwann

Trading Plan: Horseshoe pattern - I am waiting on price to reach 165.000 to enter a long on the retrace in the golden pocket, as always I look for scalping opportunities in the main supply/demand zones, I just use S/R flip strategy for this. Weekly: Price has double topped on the weekly time frame, hasn't broken the high of 168.710 or the low of 155.609, from a...

courtwann

Weekly: Price has double topped on the weekly time frame, hasn't broken the high of 168.710 or the low of 155.609, from a macro perspective price is technically still in an up-trend Daily: Price has broken neckline low of 161.727 and could be due for a short term retracement given consecutive days in the red. A close below 155 - 160 on the daily would be ideal to...

courtwann

Weekly: Price has double topped on the weekly time frame, hasn't broken the high of 168.710 or the low of 155.609, from a macro perspective price is technically still in an up-trend Daily: Price has triple topped on the daily time frame, hasn't broken the high of 168.710 or the neckline low of 161.727, the daily candles are in a weak bullish up trend Lower time...

courtwann

Price has double topped on the weekly time frame and triple topped on the daily. On the lower timeframes price has attempted to double top the 167.855 however fell short on the second rally up signaling not enough buyers willing to buy GBPJPY at those prices currently. Price has retested the 164.646, and could retest this level again given the triple top which...