Retested the daily trendline, could be a good time to buy and undervalued
Long potentially, a good area for buys at major support
Looking like it could breakout this month and start something new
Big volume Kroontje Al chairman of cobalt co bought lol so foillow?
Good clear zone set out at the start of the week to catch the trades from zone to zone. My bias is that it's going to retest the low order block and wipe out some longs as the higher high has probably created some false hope for retails traders to go long. After this I believe we could be going long providing we don't break the zone
Higher highs and higher lows have been created after a breakout of trend for quite some time, im going to wait for a pullback and maybe take an entry providing another higher low is formed.
Ascending trend line torwards some well respected resistance, looking like the high has become a lower high so looking short for me towards the trend line.
On a downwards channel torward the ascending channel this is looking like a good setup, My bias is a good time to sell at the top of the channel when the confirmation candle is going bearish with stop just above last high wick
USDJPY at the bottom of bearish flag on the daily and looks like it could bounce off and go long for a bit. I got the downside pretty much perfect so there could be some relief from the last week sell off. Haven't looked into the fundementals too much or the general direction so keep a small tp and low risk SL.
After the large spike up it has come to resistance where it looks to be rejecting however we have to wait for the candles to close to determine which direction we're going in. The descending trend line has been broken so we are unsure, this is suggesting more bullish power but for the moment it seems undecided.
After a large sell off and hitting support that is looking to bounce off from the wick I think there may be some upside from now on as a little correction
Just a quick scalp, candles on the 30m seem to be rejecting the resistance and also on the hourly too. Low stop loss, if I get stopped out then i was wrong im going to monitor this closely as im just looking at price action. Currently in profit going to move sl to BE if it goes up a substantial amount.
After a long time on the downside from the big rally usdjpy seems to have broken the support yet it is forming a bullish flag on the daily Could this be the start of a swing?
Looking like it's breaking out and retesting yesterday's low seems like some strong support and consolidation being formed My trend lines may be drawn wrong but the support makes it look bullish to me