Many confluences that place the odds in your corner. Possible yearly returns, always remember Risk/Reward ratio.
Many confluences to the the downside, Very strong short opportunity which could yield yearly returns. Reasons fro the trade are shown on the chart! Please like or comment.
Many confluences as the uptrend line is broken on the daily timeframe, fib line up with numerous indecisive candles. ETC. Please Like and comment feedback, it really helps, Thank you.
Strong buy a huge bullish candle will be printed real soon, continuation of the upwards trend.
High probability with many confluences to the naked eye, 4 hour price action will bounce of the 38.2 FIB zone or the daily resistance if broken the 238 FIB and then continue the downtrend, creating a short opportunity.
Many different confluences to short to the next monthly FIB zone below for the retest of the current daily/ weekly/ monthly uptrend.
Multiple confluences such as; Higher low not being projected, Lower high being projected, the weekly timeframe bearish candle has engulfed the last bullish and almost the previous one before that, weekly price action has bounced and retested off the 618% FIB possibly stating that the previous uptrend has reached its exaustion point.
Watch for any break of trend line. Multiple confluences, starting off with the indecisive candles retesting off the monthly 50% FIB and the weekly Support lines. Gathering the momentum from these indecisive candles and if the news release projects positive numbers I believe there could be a break of the weekly trend line, pushing the EUR/JPY into a fresh new...