EURJPY, wait to enter long positions, Wyckoff method in Forex
Updated
Are you trading EURJPY pair ?
This is a Wyckoff analysis in forex.
Price was created HH, Sign of Strength
Now, i'm waiting for backup to enter long postions.
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Attention:
React to price action based on specific trading plans, rather than predictions.
This is my personal idea and analysis, please just see it as an example for reference.
You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex.
This is a free blog sharing trading ideas.
Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis .
If you find the article useful and interesting, please leave a comment !
This is a Wyckoff analysis in forex.
Price was created HH, Sign of Strength
Now, i'm waiting for backup to enter long postions.
------------------------------------------
Attention:
React to price action based on specific trading plans, rather than predictions.
This is my personal idea and analysis, please just see it as an example for reference.
You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex.
This is a free blog sharing trading ideas.
Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis .
If you find the article useful and interesting, please leave a comment !
Note
Wait to see price actionNote
Momentum is strong, so i need to see a confirmationNote
Price may test Demand 127.89Let's see reaction
Note
Momentum is still strongVolume rises
Note
Just made one position (128.02) cause i'm holding GBPJPY from yesterdayNote
Now, price had created a Equal Low so it's better move SL to Break Even
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