For a Long Trade: wait for a reversal to upside / (Clues> Long wicks and a lot rejections at the area. Let see if the buyers can hold.
** OR **
For a Short Trade: Look for a break to the downside.
Be patience and wait for the right moment.
Caution: Watch out for fade out / fakes out.
Trade Safe.
For a Long trade: ** Wait for a strong pullback **
OR !!
For a short trade: ** Wait for a reversal ** price to hit the major support and resistance levels ** Clues are seeing a lot of rejecting at those levels.
Be patience and trade safe.
For 3 days it's been bullish.
It's heading to a very strong bearish zone.
*** Wait for a break *** For a Long trade / but it needs a lot of bulls to break.
OR !
*** Wait for a reversal *** For a Short trade / Look for rejection at the Resistance Zone.
Trade safe.
This could be a continuous short trade to the downside.
OR
This could be pullback to the upside.
Wait for a conformation / Let the third candle complete.
Trade safe.
GBP/USD - Daily Setup / / Price Action / / Chart setup
My Technical analysis / Ideas and Tips.
**Simple Trading** ***Look at the bigger picture*** +Support and Resistance + Trading patterns +Moving averages +Trend lines +Fibonacci Retracement
(Make sure you do your own Technical analysis)
(Check for strong impact news before you start trading)
EUR/JPY - Daily Setup / Price action
My Technical analysis / Ideas and Tips / Chart setup
**Simple Trading**
***Look at the bigger picture***
+Support and Resistance
+Flag patterns
+Moving averages
+Trend lines
+Fibonacci Retracement
(Make sure you do your own Technical analysis)
I think the usd/jpy is gonna keep going down. The weekly, daily and 4 hour charts are showing a bearish candles. It might go all the way down to 38.2% Retracement support line.
****** This is screen shot is the daily chart *****
******* The other post was a screen shot of the weekly chart ******
Important Note: This information is only to give...
I think the usd/jpy is gonna keep going down. The weekly, daily and 4 hour charts are showing a bearish candles. It might go all the way down to 38.2% Retracement support line.
Important Note: This information is only to give you ideas and my view of the market. I won't be placing any trades yet.
******* This...
