Don't be the fool that bets short on GBPJPY... We are trending and very bullish
PLEASE TRADE WITH CAUTION USE MY IDEAS TO GENERATE YOUR OWN!!! I have seen plenty reversal candle patterns print on smaller time frames and the drop seems like a healthy correction to retest the .45 rage but hmm lets see
That's one fat ass inverse head and shoulders I see and it is at the bottom of the trend so not too much risk... didn't YOLO but we will find out in about a week or so if I should have.
I see aud usd forming an invest head and shoulders potentially but I’m not going to jump the bullet... following the tend for a sell till I see other wise
I See GBPJPY potentially going both ways here... we could have a break out to the upside based on the engulfing candle on the 4H or we could see a strong rejection at this zone that would push it down to complete the double bottom and break down to the bottom of the trend and push up or break further down
I see GJ going to 152 or rejecting my resistance and going down to 149 before rejecting again or dropping further making the false break out true
I SEE A EURJPY SHORT TO RETEST THE DOUBLE BOTTOM AND CREATE AN INVERSE HEAD AND SHOULDERS TO BREAK OUT NEXT WEEK
I SEE BTC USD GOING LONG AFTER BREAKING A KEY ZONE AND COMPLEATING THE INVERSE H&S
Bearish shadow formed at a key zone of mine... and I'm looking for it to potentially pull back to create a head and shoulders or double bottom.
Im not to sure what crack JPY smoked that has it moving like this but its almost over the JPY strength is getting weak... still no candle confirmation of a longer sell and we are still in a very optimistic bullish market till past march
I see where everyone head is at with the sell but I personally don't thing its going to happen... due to the fact that nothing has changed, and it has not closed below my trend line... basing this purely of technical analysis so thread cautiously and lets see where this roller coaster takes us
I see a head and shoulder forming on GBPUSD and the RSI and MACD are giving me a double divergent to test 1.37... before re attempting 1.40
For this short, I am feeding off Ex-President Donald Trumps concept of Joe Biden's and democratic victories killing the markets... so far I have seen a double top on the 30 M as confirmation and you could possibly repeat these on other Index Stocks but I use SPX so I can practice the best risk management
With the rally of the US Dollar coming to a quick end after election hype. USDJPY sits perfectly at it resistance on the 4H time frame and hoping on the drop
EURUSD Looks to be going long with an even stronger bullish pressure after recently just breaking resistance, like its brother EURAUD
With the continuing scare of corona and the continued tanking of the economy, gold has nowhere to go but up looking to take profit at around 1680 then 1700
BTC is doing just what I expected it to do... a lot a TRADERS and not BUYERS are biting into the bear trap but you have to remember BTC price is determined by BUYERS and not TRADERS
I think EURAUD has just been hit with a huge market pump making it go long while 85% of the market sells