RESISTANCE ZONE Previous level of support now currently is resistance zone if is going to first retest drop atlest 30 pip maybe
Astrofxstudent
double top I HAVE EXPECTATION TO DROP US30 FIRST REASON DOUBLE TOP SECOND ONE IS US CHINA TENSION RISE I THINK I DONT WANT ANY REASON WHY DROP ITS
The Cypher a point of d higher low formation
The Cypher pattern forex needs to satisfy the following Fibonacci rules:
AB= 0.382 to 0.618 retracement of the XA swing leg;
BC= extend to minimum 1.272 and maximum 1.414 of the XA swing leg;
CD= retrace to 0.786 of the XC swing leg;
long term side way A basic ranging market concept on GJ. Price has approached the top of this range and we will be looking for sell setups but only if proper bearish confirmation presents itself. Looking for a double top formation.
Bottom Support This trading strategy tutorial is designed to teach you how to trade the double top chart pattern strategy. The double bottom reversal pattern is different from the triple bottom pattern and triple top pattern. Although, it is similar to the double top pattern. The only difference is it develops at the end of a bearish trend.
GBP/JPY LongDaily: 3 spikes identifing redjection from 134.38 daily level, 61.8% retracement (133.780) held as support. Expect on upcoming week moves toward 136.500 and 137.250 targets.
What is expect in May, 2020Hello guys
Here is what I am expecting in May, 2020 for the main crypto currencies.
2/5/2020 to 8/5/2020
Large fluctuations period (up & down) mostly the upside moves will dominate
11/5/2020
Huge bullish move
Good luck .
GBP/JPY end 2day consolidation, SHORTGBP/JPY if someone trade this pair, pay attention tomorrow. For the high volatile pair, consolidation goes already 2 day. Potential breakout of square is gonna be massive.
Pay attention pls also to UK Manufacturing PMI (Mar).
GBP/JPY, Potential break out trend linePotential break out trend line on 61.8 fib retracement. Finishing reverse shoulder/head/shoulder pattern.
AstroFX student Vlad
Buy EURUSD for a swing trade Buy EURUSD at market price for a swing trade till half of July 2020 as a minor top.
SL: weekly close under 1.0600
GBPUSD Short ProjectionGBPUSD Short projection.
Based on higher timeframesn showing more sellers in the market and buyers exhaustion on lower time frames
Aud/Usd Long results This my bias for AUD/USD and my target price for take profit. Target was reached to a T.
GBPJPY, short after break retest weekly resistance?After breaking the weekly support of 142.50, we've consolidated below the level for quiet a while now. We've retested 142.50 as resistance for 8 days straight, not able to break, close and stay above it. After breaking to the downside of the consolidation box we now retraced back to the key level since we got positive results from this morning retail sales numbers. On the daily we see the MA's crossing bearish and we got the evening star with it at the resistance level . On the 4H we are now closing to the 61.8 fibonacci level that lies a couple of pips below the key level, making this a very demanding and interesting price for bears. Since we remain and close this week below the weekly resistance I'm only interested in shorting the pair. Might take a position now or wait until market open in Japan session on sunday (since we know it's the retracementfase) for further retracement and wicks to the highs, testing the 71.00 fibonacci level.
GBPJPY Bullish TargetsTarget Prices for GBPJPY FX:GBPJPY
Bullish to 145.90 level
Confluence:
Fibonacci 61.8 retrace on 4 hour chart.
Moving Average bullilsh on daily chart
Big Bullish Candlestick from 61.8 retracment level on 4 hour chart.
NOTE: TRADE WHAT YOU SEE , NOT WHAT YOU FEEL . BETTER DAYS AHEAD THAT WAY .
Stay winning , stay wealthy my friends .
USD/JPY Bullish TargetsTarget Prices for USD/JPY FX:USDJPY
Long , Bullish to 111.000 level
Confluence:
Bullish rectangle on 4 Hour Timeframe
Moving Average on Daily Time is Blue (Bullish) over Red (Bearish)
Higher Low created on Daily Timeframe after breaking out from the previous resistance area (108.800)
38.2 retracement on DAILY TIMEFRAME after breaking from 108.800 level
NOTE: TRADE WHAT YOU SEE , NOT WHAT YOU FEEL . BETTER DAYS AHEAD THAT WAY .
Stay winning , stay wealthy my friends .
Next Target for uj 112.00We can see the previous FIB has been completed and that there’s a possibility of a pullback as price has formed a huge Bullish candlestick almost engulfing the previous candle and close above the 108.00 Weekly K.L. Therefore my bias for this pair to rally to 112.00 before we can form our next bias for the pair. IF NOT then price will test the M.As as resistance then continue to fall towards 108.00 and beyond.
