Junnaidy

Junnaidy

Nice breakout of bullish pennant pattern, best long position with with TP at 1.69200. Expected will have pullback before reach the target.

Junnaidy Updated 

Breakout wedge, seems the price will re-test the resistance area. On 1H, the price forming uptrend ranging, good opportunity to take Long on previous low. Potential 3RR

Junnaidy Updated 

Nice pullback to supply zone. High probability with acceptable RR to resuming the trend. The change of market structure could possible happen into sideways due major news next week, high volatility and uncertain direction. Could expect will have a slow movement before the data release.

Junnaidy Updated 

Potential after pullback to resistance zone, the price been rejected on Fibbo 50 and big bear bar before closing market last week. Low risk and acceptable RR on this scenario, with weakness of NZD and strong CHF.

Junnaidy Updated 

The price at support area now, and the RSI give the indication of divergence(too exhausted). High probability to Long for a while , or wait until the price goes up to upper the downwards line then short. Middle term Short for EURAUD In daily chart, the price trap in the rectangle area with the wide range. It could be a reversal setup, because: 1. Bull pressure...

Junnaidy Updated 

Good for short, high probability setup.

Junnaidy

The end of downward movement. 1. Break Downtrend line followed by spike up movement 2. Break rectangle zone with strong bull bar After spike movement, price started make trading range Strong resistance zone at 1239-1242 ( also 32.8% Fibbo) Symmetrical triangle (pennant pattern) break up, but rejected at 1239. It makes trading channel now. Indication: 1. Seller...

Junnaidy

Possible long Serious upward movement since couple days ago, and now price tends to consolidate and is making pennant. According to textbook, it can be a continuation pattern. From 1D, it also can be a trade channel setup, long at bottom channel. The best possible is swing setup inside pennant for best RR. Remember not to risk your trade more than 2%

Junnaidy Updated 

After finished Ascending triangle, the price never reach pullback yet. Possible trading = trading range, short at upper channel (short-term) TP at bottom channel / pullback zone. If this scenario were occured, long on pullback with target profit projection of ascending triangle. Max risk <2%

Junnaidy

Short-term = Limited Short Long-term = Long (Trade with trend) Breakout H&S Target = Projection H&S (Confluence bottom of channel zone and horizontal support area) Completion pullback of Ascending triangle pattern (1D) Position = Wait and see till price rest in the zone area

Junnaidy Updated 

A. Spike B. Weak pullback (consolidation) C. Near EMA D. Top of range ( double top) High probability making Short

Junnaidy Updated 

Swing Setup High probability buy on weak Pullback Stop loss, near previous support zone Target previous resistance zone

Junnaidy Updated 

HL LL already confirmed a new down trend since Head and shoulder chart pattern has finished. After breaking the neckline, no need more time to the price came back to the neckline and continue the trend. It's shown price doesn't have more buyer anymore. Target approximately as same as projection of head, it's about 1.16163 as support and I think 1.16000 is good...

Junnaidy

GBPAUD still in downtrend movement as a major trend, then last month till early October are consolidate in intermediate trend. Are GBPAUD forming continuation head and Shoulder, then continue the major trend? On analysis, left shoulder and head are completely identified and confirmed. And what is the next of right shoulder? it's fulfill completion the chart...

Junnaidy

The price consolidate from middle of June till early October, and forming Triple Bottom chart pattern. Accumulation phase accompanied by high volume, that indicate a lot of exchange had been made. In last September, it seems some candlestick are tried to break from resistance zone. And today, price in the resistance zone trying to break. if it break, price would...