savvyacademy

savvyacademy Updated  Jul 6, 2024

Based on USDJPY 4 hour chart an ascending triangle and measured move is completed a recent bull bar and possible measured move is in place Looking to short near 161.50 for TP 160.0

savvyacademy Jul 6, 2024

1st July has a breakout of UT, confirming a BOS, and attempt for top trend channel. 2nd July has EQH, signals a buy-side liquidity. 3rd July a BOS with UTAD confirms a short signal, with the next bar heading towards sell-side liquidity and attempts to break down to the bottom of trend channel! 4th July a confirmation of bottom trend channel break, leaving trails...

savvyacademy Jun 30, 2024

On 4 hour chart, GBPUSD has shown weakness with LL and LH. However, last week seems to form a falling wedge with a sign of strength. Looking for EP: 1.2620, TP: 1.27, SL: 1.2610

savvyacademy Jun 30, 2024

AUDJPY Daily chart shows an unmitigated FVG near 105, which will be a test of the breakout from the ascending triangle. Should the test be successful, then it may be hitting TP: 110

savvyacademy Jan 30, 2024

Based on daily chart, the bullish sentiment persist. TP1: 98.50

savvyacademy Updated  Jan 30, 2024

From weekly bullish engulfing pattern, and daily break of bearish trend channel and 4-hourly break of structure, USDJPY seems to be bullish. Entry Price: 142.85 to buy low Stop-loss: 141.50 to allow scale-in / averaging for stop-hunts / sell-side liquidity Target Profit: 146.00 Reward-to-Risk: 2.33

savvyacademy Updated  Jan 30, 2024

Based on USDJPY daily chart, the recent Change of Character, ChoCh, followed with a bearish harami pattern and coupled with a bullish Trendline break. A Fair Value Gap, FVG, found near 61.8% of the current pull back, which suggest a possible drop from current price to FVG and possibly a rise to 150. Entry Price: 142.80 Stop Loss: 141.80 Take Profit: 150.25 Reward...

savvyacademy Jan 14, 2024

4H chart Price near resistance and 61.8% retracement Break of daily uptrend channel EP: 1.2750 TP: 1.2600 SL: 1.2820 RR: 2.15

savvyacademy Updated  Jan 10, 2024

Daily Chart of GBPUSD remains on bullish trend channel It is within a trading range where strong support is seen at 1.2614. The support is also near 61.8% retracement. Entry Price: On Market Target Price: 1.3030 Stop Loss: 1.26 Reward to Risk:2.68

savvyacademy Updated  Jan 10, 2024

Below are the observations to support a bullish view of GBPCHF. The weekly view showed a bounce off Multi-year low. And the daily showed a break out of the recent bear trend channel And 4 hourly view seems to have an ascending triangle Entry Price: 1.0770 Take Profit: 1.09 (measured move) Stop Loss: 1.0725 Reward-to-Risk: 2.89

savvyacademy Updated  Jan 10, 2024

On 15 min or 1 hour chart, support line and bounced off as resistance, ie: axis line. EP:182.90 TP: 181.76 SL: 183.82 RR: 1.24

savvyacademy Jan 8, 2024

On 4 hourly chart, with 61.8% retracement and a break of structure to signal bullishness.

savvyacademy Jan 6, 2024

Based on 4H chart, downtrend line was broken. Price is within a trading range with recent support at 50% retracement Entry Price: 0.8450. Expecting stop-hunt and buy of sell-side liquidity Target Profit: 0.8725 Stop Loss: 0.8400 or below 0.8375 depends on risk appetite RR: 5.5

savvyacademy Oct 31, 2023

Based on EURUSD 4H chart, the recent price movement established a bullish uptrend move. It is possible that EURUSD may challenge recent highs.

savvyacademy Updated  Apr 2, 2023

Based on Daily chart, USDJPY is currently hovering around 38.2% of a downtrend retracement. Yesterday's long-legged spinning top pattern with the rising wedge pattern added to the bearish opinion. Strategy to short USDJPY with stops near 138.7 for at least 1:1 risk-reward ratio.

savvyacademy Mar 22, 2023

Looking back to a recent buying climax and wide trading range And with the recent test and bullish reversal of the bottom of range It is now perceived as bullish move to top of trading range now.

savvyacademy Updated  Mar 22, 2023

Given AUDUSD H4 chart show a triple top chart pattern, Then to sell AUDUSD for close to 3:1 reward-risk ratio.

savvyacademy Mar 21, 2023

After hitting 2000 resistance, with the confluence of uptrend channel resistance and last Friday's possible buying climax, it is highly that Gold will be consolidating for a time being before deciding a bullish or bearish breakout.