Jsarm727

Jsarm727

On the hourly chart, we can see a bullish and impulsive move from Bitcoin. Now that it has retraced and finding support from the area it broke out from, we can consider long entries for a potential move to the upside.

Jsarm727

Here is a 30 minute chart of AJ. It is at a supply zone and I am looking for a rejection here before moving lower.

Jsarm727

Although I was bearish on my previous post about this pair, I did comment that it was having difficulties moving down. Now it is in an uptrend line and has been creating higher lows.

Jsarm727

In this 4 hour chart of AUDUSD, it looks to be forming a bullish flag pattern after it's up move. If it does breakout of the pattern, it could target the supply area around 0.71800

Jsarm727

Here is a 4 hour chart of the Japanese Yen Index. Currently in a downtrend right now, but if it is able to breakout, then going long JPY is a good idea. However if it fails to breakout, then it would be a good idea to go long on other currencies other than the Yen.

Jsarm727

AUDJPY is currently in an area of supply around 82.000 In addition to that, the pair is in a strong downtrend and is right under my downtrend line. It is best to wait for confirmation before shorting this pair. Good luck and let's see how this setup goes!

Jsarm727

GJ4 hour chart is currently on a downtrend and an impulsive move may be coming soon. It it fails to break higher here, IMO it can fall back and retest 150.00 and on the other hand, if it breaks above the downtrend line, we can expect it to target 157.50

Jsarm727

After CPI news has been released, AUDUSD spiked up and touched a supply are and broken structure. Retracing back here could be a good trade setup for a short entry.

Jsarm727

I see it in an expanding triangle with two possible scenarios. First one is that i could bounce off the lower trendline and retrace back to the previous area where it got rejected. On the other had, it could fall lower and may find a support on my longer timeframe trendline. We'll see where it goes!

Jsarm727

This is an updated chart that I have on SPX500USD. I have it trading in a channel that begins from the COVID-19 Pandemic up to now. Today was a very volatile day that spooked many people such as traders and investors causing panic in the market. Today, SPX500USD actually dipped below the lower channel, BUT it closed above it. Through my technical analysis, it is...

Jsarm727 Updated 

Here in the 4 hour chart, CADJPY has broken it's uptrend line with an impulsive bearish candle. We also got a pullback to retest the broken area, giving us a high probability trade. I have two TP area with the green rays. Let's see how this trade worksout!

Jsarm727 Updated 

Here is a 4 hour hart of SPX500USD. I do see that it is in an expanding triangle pattern and have made multiple touches on the upper and lower end of the triangle. In confluence with the pattern, SPX500USD is also in a demand zone where buyers can come in and push it up. Based on this idea, there is a possibility that SPX500USD will go up. However, if it fails to...

Jsarm727

Looking at the 4 hour chart, I see CADJPY retesting the broken trendline as well as it touching a daily supply level. Taking a short here could give us a higher probability of getting in a winning trade as it is in an area where the pair has been rejected strongly for multiple times. However, if it breaks above then that will invalidate this trade. We shall see...

Jsarm727

An expanding triangle pattern is formed, but to be sure, we must make sure that AUDJPY breaks down from its smaller trendline. If it does, then that is a good signal to be short on AUDJPY. Targeting 80.000 for this pair if it does follow through with the pattern. Goodluck!

Jsarm727

I see an expanding triangle formation and AUDJPY nearing a supply zone, this might be a good location for a short.

Jsarm727

Hourly of JPYBASKET is forming a falling flag. There's a big chance that if this breaks out to the upside, we may see a very strong push to the upside for JPY this week. Let's see if it does!

Jsarm727

This is the hourly chart and we can wait for a confirmation of a breakout from the trendline.

Jsarm727

I see CADJPY trading in a channel in this 4 hour chart. In my opinion, this pair will keep going down in the upcoming week, but waiting for retracement would be the best thing to do right now before getting short again. I have placed a fib retracement, where the 50% coincides with my previous trendline and could potentially act as retest/resistance.