Hello Traders, as you can see price is in a downward trend, but it reached a strong support zone that can push price higher. For now, I am waiting for price to close above previous candles on H4 time frame, and then I will open a long position.
Please feel free to comment on this trade if you have any ideas
Hello Traders
As you Can see price is reaching to a strong res zone and now forming a trading range.
If we Go Below this support zone then we can change our idea from trading range to Down trend And go For Short.
Hello Traders
As you Can See Price was in an up trend for a while but now its reaching to a key level and price is failing to break it.
So in This Case , i will wait for the price to come a little higher and then with bearish signs i will short this pair.
Trade Safe.
Hello Traders
As You can see price is in a bullish trend and broke out of a res zone and Now spiked out.
So now Im waiting for price to pullback to retest the area and go for long.
Trade Safe
Hello Traders
As you can price is reaching to a support level and trying to break it.
its just a simple break and retest we should wait for the price to b reak the zone and on the pullback i will enter for short.
Hello Guys
As you can see price is in a down trend and went all the way down to a support zone. and then support pushed the price upward. but the price reached to a res zone and needs to break it for a confirmation on up trend. so for now we are going to wait and see if the price breaks the consolidation zone or not. and if the price go down until the support zone...
Hello Traders
This Pair Is In an Up trend That is reaching to a resistance zone and based on the previous move i think that the next the move can break the zone and after a retest we will go for a buy.
But if it dose not break the Zone i Will Wait for the break Of Trend line and go for a sell.
But In the end Buy position Have more chance to form , and i dont like...
Hello Traders
In My Previous trade plan i wrote that im going to long this pair on retest of the middle zone but it didnt come back to level.
now we are in a strong daily res zone with a trend line so im going to wait for the break of the line going back to test the res zone to short this pair.
Hello Traders
Price is moving in an up trend that broke the res zone friday with no pullback. so now we know that the market is pushing to the upside and making HH and what we should try to do is to buy at the pullback. im going to wait for the price to come back to one of the 2 zones to buy if it give me confirmation. in the other hand we should know that there...
Hello Traders
USDJPY is in a big downtrend. you can see daily down trend line on the chart above the 4H trend line. we had some news monday that made a big bullish candle , but it can not be seen as e bullish pattern because it was just a correction to the 50 fib zone and rejected the zone and pushed it to the down side.
now price is going down respecting trend...
Hello Traders
As you Can see , Monday price broke the res zone and pushed to the upside but found another strong res zone. if you go to weekly and daily chart you can see there is a strong res zone above here. also there is a trend line that was valid 6 times and now its broken.
in the other hand the brexit deal is going on and can effect the pair to go up or...
Hello Traders
As you can see price went all the way up to 1.33 like an ABC Pattern and couldnt break the high to make a HH.
It then Failed and came back to major support zone.
for now i can see a bearish move in the market that needs to be tested to go lower and that key level is what i think can push the price down.
in the other hand we can see a head and...
Hello Traders
As you can see price is ranging between sup and res zone and formed a Head and shoulders pattern that is completed.
now im going to wait for the price to break the sup zone , back to test it and then i will open a short position here.
always stick to your plan.
comment below if you think it does not make sense
Hello Traders
pair was in an up trend for a while and then broke it to down and after retest it went down.
now price is in a support zone that can push price up or if it break we can go for a short trade after confirmations.
for better entry and better R:R Go to the lower time frames and stick to your plan.
Comment Below If You think it does not make sense.
(i...
Hello Traders
Pair wan in an up trend for a while and then broke it and then came back to test the line and the line pushed it down.
for now pair is trading on a range with a possible support break that gives us a sell signal.
i am going to wait for price to go more down to show bearish pressure or showing a fake out signal and if it was a break out on a pull back...
Hello Traders
Pattern is not fully completed but we can have a plan for it if it happened.
if it completed we can have a long trade after retest and if it does not i do not take this trade .
Comment Below if you feel it does not make sense.
Hello Traders
USDJPY Formed a H&S Pattern And then break the line and pushed the price to the down , now we can see that price is trading in a bearish flag or can be look as a retest of the res zone.
Based On these reasons i think that we can go for short to 104.400
for better entry and better R:R Go to the lower time frames and stick to your plan.
Comment Below...
Hello Traders
Price Was in an up trend for a while and then broke it and changed its direction to downside , Then it formed a down trend line that acted as a res zone , but now price found a good support and trend line is about to be broken and what im going to do is wait to see does it break the line to the upside or not?
if it does after a retest i will go for...
