Gbpjpy 4 hour. Due to the bullish move up from the past seven weeks, it's time for a pullback. We see the first sign of this happening at the 4 hour graph which shows us a sell zone being respected. I haven't opened a position yet. As shown in the graph I'll be waiting patiently for gbpjpy to break down below 182.250, I'll open a position on the retest of our...
Let's see if this zone will hold for next week. Initial reaction is perfect. A pinbar in our zone. If it holds, shorts on xxx/usd next week. Will post more setups upcoming week. Enjoy the weekend.
Our short has been closed. We see price respects the level of 180. There still is some potential to drup further but we'll wait for a break and retest of the zone at the 180 level. Long term we are bullish on GJ. Therefore we'll close our shorts quickly and favour longs. Will keep you updated for further setups. Bias is long for now and waiting for a pullback to...
After the pullback to our "support becomes resistance zone" price looks ready for another push down. Keep in mind that the higher timeframes(W/M) indicate a bullish trend. Short trades are short term. Longs still have favour.
Price has broken out of the support zone. I'll be watching the price for a pullback to 181.200 where I'll open another short position. Be mindful that it's essential to wait for a short signal at the zone. Will keep you updated.
Right snapshot on my previous post. See for more information
After a whopping 1400 pip+ move it's time for a pullback to keep the upside move healthy. We have seen a top forming today and a reaction at the first retest of the top. A base(support) has been formed in the US session today which I expect to be broken in the upcoming trading days. I'd favor a strong break and retest pattern. Will keep you updated on when I place...
Took a short initially, against the trend. Looking for a buy position from the zone. Waiting for a buy signal in the form of a pinbar or bullish engulfing on the 4hr/m15.
Usdchf revised. Dxy also ready for a drop. From this zone I'll look for a short signal in the form of a m15 pinbar
Gbpjpy long let's wait for the reaction in our buy zone.
Short idea on usd chf, possible retracement. Dxy turned bearish let's see what signal we have at the resistance turned "support"
USD/CHF Long Bullish close last week. DXY Bullish engulfing. I expect this trend to continue next week. Therefore i'll buy when a pullback to the weekly 50% occurs. Stoploss will be placed slightly below our bullish engulfing candle (as seen in the chart).