Success11
#NZDJPY Long Opportunity#NZDJPY Long Opportunity
@TradeYodha
TradeYodha.com
Analysis:
1. Market is in uptrend and in a channel
2. 50 sma on higher time frame (Daily) in the zone. That will provide support
3. The price is not yet oversold, it still has little more to go down
4. Zone has 90.00 level
Trade Execution:
1. Have 2 orders
2. First order as a limit order
3. Second order is waiting for a confirmation around 90.00
4. Target for first order is as always 1:1 R/R ratio
5. Target 2 will be higher
News/Fundamentals:
27 April: JPY Retail Sales y/y
28 April: 10:45pm NZD Trade Balance
29 April: All Day JPY Bank Holiday
29 April 1:00am NZD ANZ Business Confidence
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
#NZDJPY 1H Long Opportunity (Cypher, 20sma)#NZDJPY 1H short Opportunity (Cypher)
1. 4H has potential Gartley and Cypher patterns
2. The price is leading reaching 50sma on 4H which can act as support. The zone there has minor structure too and 200sma is reaching there fast
3. This can push the price little upwards to give us a small term but good Long opportunity
4. 1H shows a Cypher forming in the same zone giving us a better confirmation.
5. 200sma is close to that zone where Cypher is completing in 1H zone
#USDJPY doubletop,bearish diverge - W,Cyphers for long/short - DSomething to watch for:
#USDJPY doubletop,bearish diverge - W,Cyphers for long/short - D
@TradeYodha (TradeYodha.com)
1. USDJPY is showing a double top bearish divergence on weekly
2. Daily showing signs of head and shoulders
3. There can be a bullish cypher too on daily
4. there is a bearish cypher on H4/Daily right there in the zone at the top where we have weekly confirmation too.
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
#USDJPY Long Trade (Structure, 50SMA, Harmonics)#USDJPY Long Trade (Structure, 50SMA, Harmonics)
@TradeYodha (TradeYodha.com)
1. 50 SMA in zone
2. Structure now support
3. harmonics
4. possible 3 drives pattern
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.
#GBPJPY Daily/4H Short Idea#GBPJPY Daily/4H Short Idea - @TradeYodha (TradeYodha.com)
1. Daily 200sma in the zone
3. 4h 50sma is in the zone
3. Fibonacci Cluster
4. Possible harmonic move on 4H
5. 38.2 Fib retracement on 4H
6. Very good R/R ratio if market holds this level on Daily as well.
Wait for confirmation in the zone
I would love to hear your opinion, feel free to agree or disagree in your comments. Please give it a (thumsup) if it makes any sense.