Priceaction-signal
NzdUsd Long till Upper Major TrendlineI still looking NzdUsd will retest the broken minor trendline and shoot up till upper major trendline.
What do you think guys? Same view?
USDJPY - many bearish signalsOn the daily chart we can see how the price, after a sharply upward move, stops near an important resistance.
After a nice white candle, we can see how the price action shapes a long legged doji, after that it shapes a reversal hammer (not so nice).
Furthermore, these two reversal signals shape a tweezer top.
Thus, we have different reversal signals that can give us short opportunities, so we could take advantage from that by selling US Dollar.
Using Fibo we could put our TP at 23,6% of the previous swing and a SL above 111.36, for instance at dashed line.
If the price continues its ascent, we can buy when price pierces the resistance line with TP at 123,6% Fibo or near next resistance line at 114,431 price level, whit a SL at 111,442 (the nearby resistance line at current price).
I will happy to see comments and suggestions to improve my analisys.
Thanks.
AUDJPY Price Action makes a Clear DirectionPrice respect a downgrade channel. In today candle we can see a pin bar which formed in resistance of channel, also horizontal resistance zone near 80.30
You can enter 50% level of this pin bar. SL will be above pin bar, our target will be next support zone which is 76.00-76.50
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