USDJYP - Technical Analysis [Short Setup]USDJYP
Current trend is bearish
There is no divergence
Symmetrical Triangle continuation Pattern is present on the chart
Waiting for the breakout.
Trade Plan
Entry Level 142.127
Stop Loss 143.862
TP1 140.392
TP2 138.657
Risk Reward
TP1 1:1
TP2 1:2
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Breaish
WTI bearish momentum continuesWe've been bearish all last week on WTI, taken shorts on any valid bearish signals and lower highs that were completed.
We expect WTI to head down to the low 80$ mark for the time being.
Technically there is a big bearish breakout pattern on the 1D chart, where a valid breakout occurred followed by a retest, see attached idea.
We continue to remain bearish on WTI and sell any valid sell signals.
Polygon - a short term analysis (important)There are 2 scenarios
If Bitcoin continues to fall, Matic is likely to miss this short uptrend and could drop as low as $1.7
But Polygon has enough power to keep climbing and even touching ATH at $2.7 (even with a slow BTC drop)
However if the yellow trend line breaks, You can sell a small amount of your Matic for around $2.02 and wait for lower prices to re-enter
Remember that MATIC Supply on exchange is less than 0.2% and is still decreasing ..
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AUD / CAD Selling signal Manage your own risk.
Disclaimer:
Any comment is not a trading recommendation or investment advice but a thought shared by author who is not professionally certified or regulated to provide market research, analysis or investment advice. Author cannot be hold responsible for any loss occurs because of his comments. Manage your own risk.
EUR-NZD Swing Structure Analysis! Sell!
Hello,Traders!
EUR-NZD is trading in a downtrend in a falling channel
The pair recently hit the strong support cluster
And bounced back in a correction move
I am expecting more horizontal correction at the current level
And then the pair will fall after retesting the falling resistance
Back to the key support level
Sell!
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