USD/JPY: UpdateAfter that U.S. Dollar was bearish, drop by U.S. New Homes Sales, what we could to see a drop during this hour until Dollar find a support that I believe in $135.34 JPY in H4 timeframe.
So, I'm shorting Dollar from $136.78 JPY. Stop Loss to $137.26 JPY and target to $135.50 JPY
***The price action it's a key to understood, in case that U.S. Dollar closed up with any bullish signal, I will definitely closed up this short.
But I hope a drop follwing the market structure in H4.
Priceactionanalysisng
Gold H4 - 10/05/2022The current stage of the global market is mostly a downtrend and Gold is also a victim of the recent decline.
At this point, it might slightly bounce before being sucked to $1800 where there is a lot of demand. Then, the price has a high chance to fluctuate around this point before making a new move. From my analysis, Gold on the bigger timeframe is still in a big uptrend
Remember to trade systematically.
Cheers
ETH/USD: Bullish Rising Wedge; update!!!At the moment analyzing Ethereum in my trade, Im in profit around of $1,900 USD that was entry price level to long position, we're ok. Just that today, Etheruem forming a bullish rising wedge, for that, Ethereum could to continue up to $2,400 USD. i'm in profit and I move the SL at $1,827 USD.