Reversal
Bullish Swing On EURCHFEIGHTCAP:EURCHF
We have a nice reversal setting-up on EURCHF so I'm watching for price to possibly pierce a previous swing low, which is at ATR and the bottom of the wedge, and ideally close as an SFP.
My target will be today's ATR hight to close the position before the weekend.
Enjoy,
The Meditrader
WBT - The Bulls Took Over! Video📹Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for WBT .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
DXY - All Eyes On USD Index! 💲Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for DXY.
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
EURJPY IDEA FOR SHORTHere is another trade a took this week,trading just this pair,took two buys and now a sell, had some plans on a eurusd but missed my entry for buy,and entry for sell happened in the middle of the night,it happens sometimes.Entered this trade on a retest of a HS pattern,HS means that a reverseal could happen so i took a sell here,red line is a multiple weekly candle close,lets see how this trade will play out
A possible EURUSD trend reversal Yesterday we saw a momentum move in the EURUSD, which broke above the previous high of 1.0645.
Thus, we have higher bottoms and higher tops of H1.
All sales should be closed and we are looking at buying opportunities.
The reversal has not yet been confirmed and there is no need to rush into new trades.
There will be suitable opportunities during a correction or after a break and test of 1.0700.
USDJPY - In for a short term correctionDollar is loosing steam this week after the huge push up we've seen recently,
Here we can see an ascending pennant, a textbook favorite, that is breaking down with a strong H2 engulfing making it look like it could go back to support
It's a counter trend trade, so we have to be carefull, and expect less
The ascending pennant is a reversal pattern when it breaks, so, price might want to go get some suport, in this case, it could be :
- A fib level
- the longer term trendline (the green one)
- the 135.00 psychological level
Let's see what the market will do with my coins!!
Cheers everyone and trade safe!!!