If you take the trade on USDJPY and AUDJPY ,already , please do not take any action on AUDJPY , because the black swan force the AUDJPY dropped and made the inside-bar also. if you do all the JPYs, this will times your risk.
Massive huge inside bar made because of the black swan, the strategy is as same as the USDJPY.
Because the Black-Swan for the USDJPY, the Market act and made a Huge Inside-Bar. For the Inside Bar Strategy I could like use the FIB Retracement to take a action. the Entry is @ Level 0.786, SL at few pips above the highest price to avoid the Spread and slippage , TP changed from 0.5, 0.382, 0.236 and finally 0 levels
The AUDNZD is in a pennat pattern, if the Price break the 1.05273, the price may move upward and toward to 1.05864. If the price break the lowest price 1.04446, the down trend may continued.
The CADJPY continue its bearish trend and the pattern is bearish pennant ,if the price break 80.287, the down trend may continue move downwoard.
USDCAD may move into 2 different ways. Option 1, if the price break out the current resistance price 1.36606 , the price may continue move upward. Option 2, if the price could dropdown and break the price 1.35663, and the patterns also like a head shoulder and top, we may could place a short position.
For GBPUSD continue Long Position, we are unable to find any new chart pattern now , this could take few days to see if any new pattern show up.
EURUSD is in a range movement, we could waiting for another HH and HL appear. If the price break the current resistance price : 1.14854 and we may could place a Long position. at this stage, I will not open any short position for this symbol, because the last HL.
AUDUSD will be facing 2 different options in the furture time, which meet the price action, Option 1, if the price move lower, the price action meet the bearish pannant, we could do short. Option 2, if the price move higher and break the trend line, we will may be facing a wedge, and could waiting for a HH and HL, and long AUDUSD.
EURGBP is inthe range movement,the top resistance price is 090912 and the support @0.89628, the price has been touch the support price 3 times, we could consider this is a short-term strong support. If the price move above 0.90912. the up-trend will be continue move forward.
USDJPY inthe 1hr chart moved upward, we still need waiting for few days, if the chart pattern move more like a head shoulder bottom if the price break the neck link which is 111.43 if the Price unable to move above this price , the pattern is not successed, and may continue move down-trend.
If the AUDCAD Price move above the short-term resistance price 0.96212, the Price may toward to 0.97675 in next movement. The price of AUDCAD has been tought the 0.95628 area few time before, we could consider this area is a short term- strong support line. TP we could set up finally at 0.97675 and SL at 0.95640
The market entry made at price 1.26578, the trend is break the down trend and the new trend is continues move upward higher higher. The TP is at 1.28420 The SL is at 1.25841
The USDCAD is till toward upper trend, itis in the movement range 1.36116 and 1.35597. the price has been touch the support and resistance both twice already , if the price break 1.36116 the current resistance, the price will be coming moving upward.
The NZDCHF could be moved as it prodicted in the chart, we are hopping it moves as we drawn on the chart. There are 2 options we could make the future trade strategy plans: Option1: If the Price move downtrend, we are still consider the pattern as Head-Shoulder-Bottom,and we could make a trade on the right shoulder, the plan is when the price move to the...
USDJPY also finished the movment and give us 2 different options. Option 1: double bottom option: the USDJPY move toward a ranged support and resistance between price 111.423 and 110.81, the USDJPY has been touch the both Prices twice, if the price move upward and break the price of 111.423, this could give us a double bottom patterns shape and a long position...
GBPCHF 1Hr chart move toward a Bullish Pannet shape shortly, the shape is almost finalized, and there are 2 support lines also indicate the short-term moving. The bullish pannet need a extra HH to finalized the Breakout price is @1.25930 The lower Support line @ price 1.24632 is previous lower price which occured @ 5th Sep 2018, and the current price already...
The EURCHF 1hr chart is shaped toward uptrend in the next few days, it moved HH and HL in the passed fews days, and give us a shape of "head -shoulder -bottom" The Head is @ a price abt 1.12224 The lift shoulder is @ price abt1.12634 The right neck line is @ price abt 1.13566 IF the EURCHF price move above the price 1.13566, this act is match the price action...