After hitting resistance at 118.6, price has been in a downwards trend. Admittedly I have recently been looking for setups that support a bullish dollar and retest resistance at this level. This has not happened and I have decided to look at the potential set up that continues the weakening of the dollar and this trend's downtrend since the beginning of the year....
Noticed what could be seen as a "double bottom". The pair is currently in a correction and heading to a zone where there was some resistance back at the end of 2016.
The correction could carry on for a bit longer, so, for now, I'm waiting to see if the price will break out above before I enter the market. At this time I'm waiting to see what the market wants to do here.
here's guys a new analysis! as we can see in the chart there's the chance of an abcd pattern, so in the next session of trading we expect an up trend move! stay tuned!
PAIR: EUR/JPY
TTF: 4HR
TRADE: BAT PATTERN
NOTE: These are potential Trade opportunities based
on my own personal Analysis.
Thank you,
Star Prosper
Philip Stewart
PAIR: AUD/JPY
TTF: 4HR
TRADE: BAT PATTERN
NOTE: These are potential Trade opportunities based
on my own personal Analysis.
Thank you,
Star Prosper
Philip Stewart
PAIR: AUD/USD
TTF: 1HR
TRADE: BAT PATTERN
NOTE: These are potential Trade opportunities based
on my own personal Analysis.
Thank you,
Star Prosper
Philip Stewart
Big bullish candle(some call it caffeine candle) from 15 of February established move which could reach highs from September. Pair was stopped by GAP and is on consolidation creating nice flag pattern. I would enter now or wait for pair to retest short term support established around 0.0001700 level. I'm not sure when or if the pair will go above GAP and it is...
