Hello guys, its been a while since last time i make a posting regarding my analysis, so here 1 of the trade idea i saw...
this is the analysis that i can came up with on this metal.... do comment if u guys seeing on other way on this metal.. thx guys...
Its been a while since i came back here sharing my analysis, been busy teaching students about forex in my Academy... So now got 'free time' so i could share my view on this symbols... As u guys can see, i'm targeted 'Long' for this pair base on my Technical Analysis view.. very simple, i'm using S&R then a few of Minor S&R and several candle analysis to decide...
Here is my review/analysis on this pair.... how bout you guys???
Base on our previous analysis on this 'Precious Metal' it seems that it goes with the '1st Situation' but not close enough to the 'Black Line inside the red box' barely touch the Red Box(as a support) then climb back up, maybe going to test the 'Red Line' before drowning further into the 'Red Box' below...
Base on our previous analysis on this 'Precious Metal' it seems that it goes with the '1st Situation' but not close enough to the 'Black Line inside the red box' barely touch the Red Box(as a support) then climb back up, maybe going to test the 'Red Line' before drowning further into the 'Red Box' below...
Here Is What I Think Regarding This "Precious Metal".. Base on my FSP, here is what i see on this H4 Chart...
Here What I Think Regarding This "Precious Metal".. Base on Daily Chart here, it seems that price nearly coming through the 'SUPPORT' in the red box below(with the horizontal black line).. Here is the situation.. Situation 1 : Price go along/through to the support(at the 1st red box with the black horizontal line) due to the 'strong' dollar(since near...
Here Is What I Think Regarding This "Precious Metal"... There's a possible that in 'current' level the price might 'bounce' back to the RED LINE then it will continue to go down further(depends on NFP this week) where it will drive the DOLLAR...
Base On Our Last Analysis Past Week, We Can See That 'Cable' Has Dominated Yen, Here Is The Updated Chart Where I Mark(For Our Last Time Analysis) To Make Our 'Entry' & Where Is The Suitable Place To 'EXIT'.... Here As U Can See Our GBPJPY Is In Psychology Area Whether To Break Higher Or To Go Back Down(As Retrace or Reversal) So Now I Suggest We Wait For This...
As you can see, FSP level is already at the point where 'is time to 'Retrace or Reversal'... We need to confirm the 'Candlestick Pattern or Candlestick Reversal Signal' in H1 & H4 before we can make a decision to entry 'Sell' for a while or maybe for 150pips...
This is where the Daily part analysis slide in... we can see a few information here also...
This is what i see/analysis for GJ, i always take a Weekly chart to start with before going to Daily & H4 to make a decision
since price jumping towards Resistance so they eventually will try to touch it... is it or is it not???
this is what cross my mind during doing this pair analysis....