AUD/JPY STRUCTURE ANALYSIS|
3 day chart shows us that AUDJPY has broken out of the yet another long term downward channel and is now storming new highs following the two diagonal support lines, having the broken channels ex-resistance line as the new ultimate support.
The new target level to be tested is the horizontal structure resistance, nearby. The price action suggest that the level will likely be reached and tested.
Therefore, It might be reasonable to go long from the support, or wait for the local resistance breakout.
If the level is reached, one might consider a pullback trade as an option.
Thank you for reading and have a nice day!
Long-signal
BTCUSD long with correctionThe price reached the level and line of resistance and changed directions - went down. I expect that this slept will be up to the support line, after which I am waiting for growth to line 9716.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
The signal! Buy $SBER! I don't like to trade Russian stocks, but the signal is good. Purchase!
The resistance level of 200 and support level of 180 are clearly visible. After the rollback, the quotes move steadily up.
Risk 1 to 4 on the stop. According to the "4 screens" system, there is no ban, the link is usually in the comments.
EURJPY between levelsAt the beginning of the month, the price exited the channel. And now it’s going down to a strong level. From which I think it will push off and again go up to the resistance level of 122.154.
Traders, if you liked this idea or have your opinion on it, write in the comments. I will be glad👩💻
EURUSD - stop trying to catch the top!So many traders are trying to catch the tops of these moves - they are relentless - don't do it!
Our strategy will catch any reversals when they are relevant - at the minute we are not showing any signs of being close to a sell trade.
Keep watching our profile for WHEN they do become valid.
Regards
Darren
CAD/JPY | BUY SETUP | 80 PIPS TARGET | +1:2 R/RHypothetical scenario:
(1) Entry @ 76.200 (BuyLimit)
(2) Stop Loss @ 75.895 | 80 pips
(3) Target @ 77.000 | 31.5 pips
(4) R:R = 1:2.54
Stay tuned for the updates.
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*DISCLAIMER*
This post is solely for educational purposes and does not constitute any form of investment / trading advice.
Long BTC/USD My system tells me that BTC/USD downtrend comes to an end and its possible to go LONG on the HIGH of previous "green" bar
If the price will hit our stop buy order, I will set stop loss 4% lower the entry price and 10.5% higher the entry bar would be my profit target.
I will close my LONG also when the If trend will over (yellow, grey or red bars)
What are the green bars and others, you can see on my scripts in the profile
Feel free to use my scripts on your own
Good Luck and good trading!