OANDA:CHFJPY CHF JPY Long Trade Setup in in Hr TF. Strong Bullish Candle showing some Good Strength in chart.
Let's see what happens. The price has reached a reliable support.✨
take the entry once the price closes below the 13 ema for a short trade
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Trend Analysis: Range-Bound Support & Resistance: The price right now is right at the resistance zone . Candlestick Analysis: Formation of some INDECISION CANDLES right at resistance which can potentially mean either of these 2 things: 1 - The market might be taking a short pause. OR 2 - The market might be at the end of the...
Its been a while since i came back here sharing my analysis, been busy teaching students about forex in my Academy... So now got 'free time' so i could share my view on this symbols... As u guys can see, i'm targeted 'Long' for this pair base on my Technical Analysis view.. very simple, i'm using S&R then a few of Minor S&R and several candle analysis to decide...
This is the analysis for 4 Hour Chart of FX:USDJPY *TREND ANALYSIS* - 1) The price of the above-mentioned pair made a significant low on 24th September o'19 which has not been broken yet. So, it can be assumed that the BEARS are still not in control of the market yet. 2) The price is below the MAs , but the short-term MA, represented by the blue...
Analysis of the 4 Hours Chart for FX:GBPUSD . 1) Trend Analysis - If we look at the above image, it clearly shows that the pair is in a downtrend . ( MAs and the Large Channel prove that). 2) Resistance Analysis - The red-broken horizontal line is a level of importance. The price tried to take support from this level a couple of times but failed...
1) Trend Analysis - Still in the downtrend (Didn't break any significant highs yet and the MA is still facing downwards) 2) Resistance Analysis - At the confluence of horizontal resistance (represented by the broken-green-line) and trend-line resistance (represented by dotted-blue-line). 3) Candle Analysis - No strong bulls yet. A big bull bar but no...