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SNR

USD/JPY Multi Time Frame Analysis - Possible UptrendPurple Line = 4 Hour SNR Red Line = 1 Hour SNR Yellow = 5 Minute SNR 4 Hour candle close above 4 Hour support level and on 5 Minute chart we can see clear triangle which is break in uptrend and now if we see pullback price should go high at least till new 4 Hour Trendline Resistance If this help you with your trading Please Like, Share and Follow that give me motivation to make another Trading Ideas If you have some suggestion, comment or other opinion feel free to write it in comment Wish you succesfull and consistent trading with profits! This is not an investment advice. "CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money."
Long
by ArmaTrader97
PVGThe green long-term channel started to appear around mid of July of 2016 by price hitting the top of the channel! During the Covid19 Pandemic we observed a fake breakout but everything gone normal after first months! 15th of Sep the price touch top of the channel and started to fall! the red bearish trendline is broken and we are currently in pullback to the Broken trend line! reactions to mid of the channel is not rare but they are not strong! considering volumes, it seems market is waiting for 5th of may to observe the earnings and lower volumes in lower prices is not a good news for buyers! If we are in the second Elliot wave we wont goes up more than the 11.73, but only "time" could clarify the best next move! Right now for those owning some shares, my suggestion is to be a holder! until the Short-term channel is perfectly broken down or the long-term channel is touched you, then better to sell! If you don't have any shares and you are a risk taker! you can buy tomorrow or right now! and if your strategy is safer wait to see if the price break the 11.73 level perfectly or not!
PLong
by AliSignals