Just based on technical analysis alone, we're seeing an inverse reversal pattern to the upside. also with the strength of the JPY during the asian session, I believe it will influence a strong gold since they are believed to have a large gold reserve
fundamentals took this pair downside "new variant" but does this change the overall structure to the downside, or will this be absorbed, and we continue the push to the upside?
in the next hour close, i'll buy this market if we see a rejection at this level or even a bullish H1 close
looking to buy above break of neck line, made a small scalp trade on a lower time frame
this move to the upside will be complete if bulls take over the 16300 level, from there we can expect upside volatility to the highest high
Price definitely got out off the downtrend, we are late on this one, but it's an intraday trade
PRICE CREATED A DOUBLE BOTTOM PATTERN ON D1 and that signals a change of direction from the downtrend we had last week
looking to hold this buy long term with JPY pairs on a bull run, it will work in favor with my technicals
THIS MARKET HAS BEEN on a downtrend and on the H1 it looks like it has finally given a lower high, and that's where sellers come in
we just formed a higher low and in any buying market, that's when you know its time to add buys
this has been a buying market and even its bull run it never fails to drop and give us more entries
not just based purely on price action, with the fundamentals surrounding ZAR we don't see this market going down
as much as there are selling opportunities in this market I ALWAYS SPOT buying opportunities easier
honestly i was testing out this feature. i will be publishing more educational content so you guys can create your own signals and spot opportunities like me
A LONG SELL, KEEP YOUR EYES ON THIS ONE
this has been a buying market, drawdown just signal buying opportunities
an inverse head and shoulder formed on the H1 which signalled a change in price direction
JUST FOLLOW PRICE ACTION, KEEP IN MIND THE DIRECTION OF THE MAJOR TREND