Happy New Year Everyone 2024: Let's first talk about CHFJPY then we will talk about how you can improve and learn some tips. CHFJPY in last six or seven months price overbought heavily due to JPY poor performance and government's zero intention to interfere in the market. However, many reports suggests that JPY will likely to be rebound in first quarter of 2024...
If you struggle with what timeframes to analyze longer movements before entering trades, this video is for you. I personally struggled with multiple timeframe analysis. I thought I had to use every timeframe to enter a trade. It wasn't until I got clear on the type of trader I was and stuck to two timeframes at a time is when the market began to become more...
Recognising chart patterns is necessary when becoming a profitable trader, so in this educational idea, please provide in the chat which patterns we can see in this chart. Good Luck :)
A key part of technical analysis is to identify the different phases and patterns in the market. So, what can we see? - We can see that we're within a major ascending parallel channel and price has been respecting it. When price approaches either extremes of the channel, it rejects aggressively. - There are 2 key phases at play here. The blue phase is the...
We have a perfect Head And shoulders as a Strong Reversal Chart pattern To find a best Entry pont we need to wait after Re Test Neckline of H&S TP = Distance (between Point A and Point B ) = Distance Between Point C ans Point D)
Characteristics: Channels are banded current trend-following indicators. Similar to other indicators they lagging. They have an upper and a lower line. Upper and lower bands are at equal distance from a middle line. The area between the upper and lower lines in the channel. Signals: The upper or lower line breakouts. The upper and lower lines bounce...
CHFJPY has tested the daily demand zone. Since then it has been in a uptrend and has still a lot of space to move up. It seems to be very near of breaking the uptrend so we stay patient to see the next move.
Happy Sunday! Please go easy on me for my first video;) I have had good responses to my ideas and even been requested to do a breakdown on how I trade. I hope you all find that this video makes sense and you don't find it boring!. This is a pair that I am eyeing up for this week, obviously the video breaks down as to why I will be taking this trade. I like to...
CHFJPY: Double top Correction 110.6 - 109.12 If you like what I do, put 👍 and subscribe Waiting for your comment, what do you think about this? 👇👇👇
Welcome to our Academy. We’re here to help you achieve what you have been looking for. Use our free analysis where you have everything you need for potencial trade ideas and profit. CHFJPY – The price is at decision moment Trend: Strong Buy Support/Resistance: R4: 114.666 R3: 113.823 R2: 113.233 R1: 112.583 S1: 112.486 S2: 112.157 S3: 111.850 S4:...
Welcome to our Academy. We’re here to help you achieve what you have been looking for. Use our free analysis where you have everything you need for potencial trade ideas and profit. CHFJPY – Buyers finnaly face off true power.. Trend: Strong Buy Support/Resistance: R4: 114.586 R3: 113.931 R2: 113.482 R1: 112.858 S1: 111.965 S2: 111.286 S3:...
Dears, Please, take our instructions a very important point, to be in save. thanks and good luck.
CHFJPY – Jpy currency is showing weakness from previous days and the trade might be continued by swiss currency. Trend: Strong Buy Support/Resistance: R3: 111.497 R2: 110.800 R1: 110.169 S1: 109.779 S2: 109.384 Price action: Buyers might continue move higer if buyers break resistance level at 110.169. If we hold above this level then price might see targets...
For observation purposes, possible up-side incoming though not clear... not market I trade.
Hello dear Forex friends, I just had this example with Alex from our Slack group, where he had posted the following for the German TradingView: So he clearly bet on the previous S&R zone on the Daily at 110 psychological and being overextended on the Hourly. The problem was though, that our S&R range was not clear, and esp. the 110,5 was even stronger as...