Learntotradeforex
USDJPY SELL - TOP DOWN ANALYSISThe Ninja or Gopher is is expected to sell to complete the expanded flat with a special diagonal on the higher timeframe.
on the lower timeframe, we should be looking at selling breakout of ever flag correction until wave two of the weekly time frame(expanded flat is completed)
NB: Do not risk more than 1% of your equity per trade(Position sizing)
EURUSD LONG TERM BUY SETUPThe Fiber has just completed a 12345 impulsive long move and a bigger335 running flat correction on the daily. Divergence was identified on the daily timeframe and a breakout of structure on the 1hr time frame. At this point EURUSD is ready to start a new WAVE 3 impulsive move on the weekly timeframe .
SL @1.17585 and 1st TP @1.22581
NB: Do not risk more than 1% of your equity per trade(Position sizing)
The Tuesday Forex HotlistUSDCHF, EURNZD, AUDCAD, CHFJPY, GBPJPY, and US Oil.
I am going to take you through my analysis briefing for the above pairs, and hopefully get you to see what I see...
TRADE SETUPS!
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Tell me which one of these setups is highest on your list in the comments! I appreciate your feedback.