Get started

Tradertrev

EURJPY - Tuesday Sept. 11, 2018This is what I'm seeing for EURJPY for Tuesday Sept. 11, 2018. On August 15, 2018 EURJPY made a push up from the 125.3 region all the way up to the 130.7 region over the course of two weeks. Throughout that time, there was no significant pullback. I believe that now we are seeing that pullback. We've made a 50% pullback so far, but I believe that EURJPY will make another solid push down to test the 61% region. You can see we are respecting a channel, and I expect that to continue. Happy trading! Hope everyone has an amazing week! ~TT *Trade at your own risk. I am not qualified to give financial advice. This is simply MY PERSPECTIVE :)
by WillowKid
EURUSD Sept. 9-14, 2018This is my analysis for the EURUSD for the week of Sept 9-14, 2018! If you saw my most recent markup, you know I'm feeling bullish on the DXY, so conversely I see the EURUSD dropping this week. This was easiest for me to show and explain on the weekly time frame. All the way back in February 2015 we began seeing strong resistance in the 1.135-1.143 region which was held until mid July 2017 when it was finally broken to the upside. That broken resistance turned into a new support level in early August 2018 where it bounced, but is now looking to retest that new support level. Looking at this from a higher time frame, you can see we are also respecting a triangle. Also take note of the gap that was created back in April 2017 (YELLOW BOX) that has not been filled yet. With everything happening in the world fundamentally with the US Dollar, the trade wars, and all the other crap, I am confidently bearish on the EURUSD. Have a great week! Happy trading! ~TT *Trade at your own risk. I am not qualified to give financial advice. This is simply MY PERSPECTIVE :)
by WillowKid
EURJPY August 26-31, 2018This will be the first of many markups... I'm looking at EURJPY 0.67% on the 4hr... I see a clear downtrend with 3 touches of the trend line ... Price retraced up to the 71% level perfectly and closed the week on a bearish candle... (Not engulfing but I'm convinced she's running out of steam) I see price dropping to the 61% region before double topping and retesting the 71%... I then see price moving swiftly to the downside... THAT IS PLAN A. --------------------- PLAN B is the complete opposite... Break of the trendline and a push up to the 78% region before dropping again to retest the 71%... Then price will make another push higher... Hope that made sense... Any questions about anything hit me up!
by WillowKid
EURJPY Aug 27-31This will be the first of many markups... I'm looking at EURJPY on the 4hr... I see a clear downtrend with 3 touches of the trend line... Price retraced up to the 71% level perfectly and closed the week on a bearish candle... (Not engulfing but I'm convinced she's running out of steam) I see price dropping to the 61% region before double topping and retesting the 71%... I then see price moving swiftly to the downside... THAT IS PLAN A. --------------------- PLAN B is the complete opposite... Break of the trendline and a push up to the 78% region before dropping again to retest the 71%... Then price will make another push higher... Hope that made sense... Any questions about anything hit me up!
by WillowKid
2