If price breaks and closes above black channel we can start looking for a buy setups.
I'm expecting EUR weakness this week I have sell order at 1.2390 with sl at 1.2435 and sell positions at 1.2422 and at 1.238 (small size)
I am short from 88.350 If you are a bear this seems like a good area to ad more with a stop above 88.350.
I had 3 short positions tp 2 of them at 133.0666 mS1 i'm willing to try again at blue resistance zones. If we watch JPY crosses the one that makes the least amount of pullback is the best for next leg down.
Short position at 1.2080 after NFP is still open I tp 3 short position at 1.9200 mP. I have short twice again at a retest of a black trend line and got knocked out today at 1.970 with a profit. IF price goes down below black trendline and retest im willing to try again.
I have entered small short trade at 152.550. However i still think price can retrace back to 153.000.
WARNING price is at important support i'm expecting a pullback to at least 135
I entered short position at 89 i'm probably going to ad somewhere between 0.38 fib and 0.76 fib. Overall on a bigger time frame price is still in uptrend!
Price is at support it can easily retrace to 1.2000! I entered short at 1.2080 after NFP and another at 1.205 weekly open my stops are at break even.
Although price is still bullish i would prepare for possible reversal. You can also expect big institutional players to take profit which will create a demand for USD and JPY thus straighten them. Basically i expect risk off trading conditions for the next month or two. Looks like a bear flag if you are aggressive you can enter with stops above 1.3630 or you...
Although price is still bullish i would prepare for possible reversal. JPY historicly straightens from january to april 0.67% (fiscal year end jpn 0.21% ). You can also expect big institutional players to take profit which will create a demand for USD and JPY thus straighten them. Basically i expect risk off trading conditions for the next month or two. If...
Although price is still bullish i would prepare for possible reversal. JPY historicly straightens from january to april (fiscal year end jpn). You can also expect big institutional players to take profit which will create a demand for USD and JPY thus straighten them. Basically i expect risk off trading conditions for the next month or two. Blue zone is the key if...