Cebu
NZDUSD on Key Level SupportNZDUSD is sitting on key level support in line with the bullish momentum. Price had just braked out on the recently created inside bar pattern, a consolidation-continuation pattern in the market. An ideal entry is a buy stop above the high of the pinbar and we have enough room for a decent risk to reward ratio. Trade Safely.
USDJPY CLASSIC DOWNTREND MARKETUSDJPY prints a perfect classic stepping-like downtrend. With just a naked clean chart and a simple understanding of price action trading, you can easily spot high probability entries. Now price is hanging on key level resistance and we few bearish candlestick signals. Lately the market created a pinbar and an ideal entry is 50% range buy limit entry on the pinbar with tight stop loss and wide target. Trade safely.