Possible Cup and Handle Formation: Wait for the handle to form and Neckline Breakout Possible target: 2.0791
Trade Plan: TREND - Posting LH AND HL Scenario 1 Expected to go down and touch trendline support. Buy 50% at that price and if it breaks it buy other 50% at bottom rectangular support zone for the target mentioned mentioned Scenario 2 Wait for the trendline breakout and enter with Stoploss of previous HL.
GLMUSD LONG Trend - Bullish Traingle pattern Breakout and retest done Entry - 0.2675 - 0.2725 SL - 0.2580 Target mentioned
CADJPY Trend - Bearish Candle Formation - inverted hammer at key fib level of 0.236 Pattern - AB = CD Entry - 106.275 SL - 106.634 Target - 104.284
USDCHF Trade - Short Trend - Bearish Entry - 0.96450 Stoploss - 0.97039 Target 1) 0.93808 2) 0.93384
Trend - Bullish Candle Stick Formation - Bullish Engulfing Entry - 1.20594 SL - 1.19518 Target - 1.21529 - 1.21651 C point retracement 0.545 (near 0.50)
DOGE USD Multi Time-frame Analysis (Weekly and Daily charts in the comment section). Trade Plan - Better to wait and short. 1) Long @ 0.0636 ( Fib retracement + Trendline Support) and Take Profit @ 0.0674 (70%) and 0.0681 (30%). SL closing below 0.0632 2) Short @ 0.0670 - 0.0680 (Fib Retracement Level + Trendline Resistance) Take Profit channel bottom 0.0545 -...
USD JPY Short Consolidation - Possible Breakdown Entry - 136.000 Stoploss - 136.372 R: R 1:5.5 50% profit taking at 134.276 and trail the rest of the profits in the case of breakdown. If Consolidation Range breaks downwards, Another Short sell opportunity.
USD JPY Short Consolidation - Possible Breakdown Entry - 136.000 Stoploss - 136.372 R: R 1:5.5 50% profit taking at 134.276 and trail the rest of the profits in the case of breakdown. If Consolidation Range breaks downwards, Another Short sell opportunity.
USD JPY Short Consolidation - Possible Breakdown Entry - 136.000 Stoploss - 136.372 R: R 1:5.5 50% profit taking at 134.276 and trail the rest of the profits in the case of breakdown. If Consolidation Range breaks downwards, Another Short sell opportunity.
USD JPY Short Consolidation - Possible Breakdown Entry - 136.000 Stoploss - 136.372 R: R 1:5.5 50% profit taking at 134.276 and trail the rest of the profits in the case of breakdown. If Consolidation Range breaks downwards, Another Short sell opportunity.
USD JPY Short Consolidation - Possible Breakdown Entry - 135.128 Stoploss on a closing basis - 135.520 If want can do 50% profit taking at 134.276 and trail the rest of the profits in the case of breakdown.
Remarks - EURO/USD is in a Downtrend but at the same time, it is at the bottom of the accumulation zone. Short Trade (Risky) Lot Size 1.0 Entry: 1.04186 Stoploss - 1.04357 25% TP - 1.04005 50% TP - 1.03598 25% TP - 1.03415 R: R - 1:4 Closing Below 1.03401 will generate another short call.
According to DOW Theory - Price to move downwards. Series of LH and LL. Entry - 0.95675 Stoploss - 0.9586
According to Dow Theory - Series of LH and LL. Entry 38.40
Series of HH and HL. Entry - 1.05779 Stoploss - 1.05525
The Morning Star pattern is seen at the bottom - Potential Trend Reversal Entry - 0.95521 Stop Loss 0.95215
The Morning Star pattern is seen at the bottom - Potential Trend Reversal Entry - 0.95521 Stop Loss 0.95215