Get started

Zonetozone

USDJPY Pattern and Zone trading There is an ascending channel and appears to be a breakout and retest of the trend line and looks likely that price will continue to the downside. I will be aiming to take a position short on this. - Wait for a 4hr candle close below the resistance zone . - Wait for a pullback and a retest of this zone. - Wait for a rejection on the 1 hour or 30 min chart. - Wait for price confirmation either an engulfing bar or pinbar . - Sell Let me know your thoughts or any other ideas Thanks Nath
Short
by Nathanp7
USDJPY Long Trade Idea (SHORT TERM)Last week saw a decline in USDJPY. After seeing this decline, i expect price to rally for the short term which would give sellers ample time to get in the market to continue the decline. You will now see compression into demand where demand zones will keep on creating until price meets a strong supply zone up top. That's where our TP will be, because near that area is where the huge sell-off came from last week and that was no fluke! Take care til we meet again! P.S.: I entered this trade a few minutes ago myself so I have my stoploss below this daily candle low.
Long
by ricky1270
EurCad Bearish Bias Multi Scenario (check weekly)Two scenarios first is explained on the chat, the second short scenario would be a clear break of that consolidation zone and trend line bias this week is bearish because of the weekly doji and weakening euro since the start of 2019 risk reward ratio is nice, 14ema is below 50ema on 1h tf confluence with the short bias why i expect it to go up first is because the daily doji is bullish but bull signals in bear trend "unless its engulfing" tend to not work so great IF it does break that support there it will fill the space below and can turn into a larger trade than it already is buuuut i could be completely wrong so trade what u see not what u think just good to have an idea in mind ~ happy trading
Short
by beank1
AudUsd Double Top neckline retest/TL Break ZONE TO ZONE BABYNice double top here, NY choppy wick time, then shows sweet doji on 15m tf signaling the drop after the retest of neckline/last kiss on the double top while the overall trend is bearish pretty awesome RR for scalper to next zone, small pips to W or L but consistency is what matters most another great confluence is the 15ema 200ema cross we see right as the entry doji we get right as NY markets are firing up of course you could have held to double+ profits but you never really know what will happen.. hindsight 2020 side note thoughts/talking to myself: i seemingly like to short and watch it fall rather going long as i tend to find myself shorting at least 65% of times, not sure why
Short
by beank1