i ment to post this earlier but the move happened way to quickly ! there will be a re entry so lets wait for a double top a bearish pin bar or some type of confirmtation to re enter the short ! usdjpy is one of my fav pairs to trade lets keep a close eye on it before we miss the second entry
lets wait for momentum to shift to enter short an aggressive entry can be taken now bu id wait for that momentum confirm
eurnzd haz completed its consolidation by the looks of it i have entered a long position and will be holding this position for the rest of the weeks with management . price has came down to the level we marked as support a couple times and has not been able to break it ! we are anticipating a initial push up to indicate a trend reversal . then we will close out...
i can see that ucad has been in two previous channels the first one it broke thus froming the second one \ remember the market repeats itself not right awa but when it does you will see it we are waiting for a 5 wave sructure to revious structure low .
we can obviously see that price has been in an uptrend channel for a period of time it has broken the channel with a somewhat significant push (judge yourself) we are waiting for price to come back and retest channel thus broken structure support to enter for a short ! as i see it UJ will sells for quit some time until price shows a continuation to the...
we can see that price has been in an uptrend for quit some time now. it has created a bullish triangle pennant some what looking like a bullish flag pattern aswell once price breaks up and forms a higher high and comes down to retest that broken zone we will enter the long position. for now u can still trade the lower time frames but i personally look for the...
AS SHOWN IN THE CHART BELOW I HAVE SET UP MY RISK REWARD TOOL FOR A POTENTIAL DOWNTREND PUSH AFTER RETEST ON BROKEN SUPPORT GUYS/GALS REMEMBER WHEN PRICE BREAKS EITHER SUPPORT OR RESISTANCE PRICE HAS TO COME BACK AND RETEST ITS BROKEN ZONE. IF PRICE DOESNT RETRACE AND JUST PUSHES DOWN TO INTENDED TARGET THAT MEANS PRICE WAS IN STRONG MOMENTUM THERFORE BROKE...
usdjpy has been ranging for a while now after a strong push down we will wait for price to retest the broken resistance properly to enter for a short
all targets where successfully hit trading idea was complete all targets hit and all positions managed ad closed in profit .
pair successfully completed the move all targets hit currently running to target 3 !
GbpUsd is currently playing along resistance we are waiting to see a break to the upside or a rejection of resistance and a continuation to the downside to target 1 if target one is hit and price doesn't break through target 1 than we will close our position in profit and wait for confirmation to re enter this pair and go for target 2
usdjpy bullish momentum breakout uj had a small retest not all the way to my zone but it was visible we entered log price hit tp for 25 pips
EURUSD has been in a dowtrend for quit some time if you look closely there is a pinbar right above daily support so it wouldnt be strange if eurusd reversed to the upside to retest previous high and continue its downtrend.