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USDJPY MAY RISE !!!!!www.tradingview.com
USDJPY May Rise!
On the H4 chart, the USDJPY has formed a symmetrical triangle pattern. The price has broken above the trend line and is currently testing a significant resistance zone. A short-term bullish trend could be anticipated if the price manages to break above this resistance level.
🔼 Trade: Consider buying USDJPY on a breakout above 156.500;
🎯 TP (Take Profit): Target at 158.000;
EURUSD Full Analysis 15 MINPreferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas.
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red lines are most strong.
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DOGEUSDTFor past few days, DoGe keep trading inside the range and the volume keep moving.
I believe it's preparing for a good breakout of the range for a trend soon.
You can get some and add to your portfolio to sell for 10% ,20% and 30% profit as soon as the market balance up.
Not a financial advice
Please do your own research before trading
GBPUSD looking BullishHi everyone , i hope trading is good. Looking at this market we can see that it is flowing in a uptrend with clear signs of higher highs and higher lows, which is why this is a good opportunity to go long.
And the beautiful scene is that the market is almost finishing to correct, we just wait for a more clear breakout of the corrective wave.
EUR/USD Possible bullish momentum to 1.22200 Area As we can see in the chart above price recently approached a key level at 1.21220 Area and rejected it beautifully after creating a double bottom pattern thereby respecting a previous structural support level at 1.21400 which we could see multiple wick rejections from in the past, for this reason I expect price to pull back to the 1.21400 Area before a strong bullish continuation to at least Price 1.22200
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EURGBP - DAY TRADE VIEW.EURGBP - Struggling at a major support zone, chances are there for a good bounce back.
Follow the support level as a stop loss level and approach should be a buy here at current price for target projection as mentioned in the chart.
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GOLD - SWING SHORT.Refer the chart for detailed analysis ;
Gold is looking weak at this moment and it will drag down unless it's not crossing above 1958 strongly.
Follow the levels mentioned in the chart, for any confusion write in the comment section.
Cheers...Happy trading.
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Long Short position on the USDJPYlong short for the USDJPY. trend following and double top divergence on the MACD this both clearly indicate a down trend confirmation, also according to the COT the USD is losing position of about 2,433 on the long and the JPY even though also losing 10,851 on the long is remain powerful since is still have a lot of traders on the long move.
Possible Trend Lines that Bears and Bulls Can Agree OnFirst off I was going to make this a private idea because it is long term.. and if you follow me then you know I DO NOT like long term predictions. Intra-day clues and signs are much more valuable to traders like me, but today's end was so crazy I thought it might be a move that is following a longer term trend. It definitely made me go "hmm".
What Happened:
Listed are trend lines that I think are possibilities. It is NOT a coincidence that we ended near the gap from last week... there are no coincidences in the market. This fits within a softer trend upwards.
So Where to Now?
From here we could get a bounce up (I like 288 pushing towards 292) or further down if we wish to test some important values. 283 right off the top of my head would be the next move, but there is still room further down if the market so desires.
Bullish or Bearish?
We should remain bullish on SPY until we close daily below the 20 period moving average. Now this does not mean that I am bullish every trading day, but on the grand scheme of things yes. Tomorrow I would say that a gap up is very possible but watch the Asian markets for an idea of what's to come. Could be up, down, sideways.. who knows!
Please comment comment comment.. I can never have too much input on my ideas!! Also check out my previous ideas to see that I am a pretty good trader. I called this down movement today and I plan to forecast what's coming next as well. So give me a like and follow :D
GBPJPY Intra Day Outlook 24/04/20Technicals: On the previous GBPJPY analysis, what I was looking for in particular was a raid of the previous highs which did happen. Liquidity has been taken from creating a higher high. Thus, my bias is a sell now. After the retracement back into the Demand zone, market is now going through a retracement which I'll be entering sell position at 133.4. A standard zone to zone trading.
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