Short opp in UJ H1. Testing new strategy Reasons : 1. Lower high are formed / trendline intact 2. Rejection on EMA. 3. Fibo in play. 4. Resistance (blue rectangle) in play.
USD Seems to getting back the bull power. As we can see, EMA 21 and 50 just crossover. Bull candle are significantly in control. Support holding firm at price 90.20~ (blue rectangle). Break of triangle may lead to the index go up till
Reasons to enter: 1. Break of daily trendline (middle black trendline), am expecting the price to retouched the trendline and go down. 2. EMA 21 and 50 showing downtrend. Both ema was respected beautifully. 3. FIbo level 38.2% or 50% must be hit before going south (sell limits/entries) 4. Stoch showing oversold, am expecting the price go up a little bit first....
Reason to enter: 1. Higher low formed, trendline intact 2. Retest on ema 21 and 50 3. Stochastic showing oversold and now am expecting the price to go up.
Reasons to enter: 1. Candles showing bullish is in control. 2. Price rebounded on the trendline. 3. Daily & Weekly TF showing uptrend. 4. Fibo level 61.8% was respected nicely and now im aiming -27.2% 5. EMA 21 and 50 was respected beautifully. PS: (This is my second buy on this pair, as you can see my previous post on EN) Trade safe all :P
Seeing opp for long/ short as its a break or bounce situation! Get ready all and embrace yourself. Do watch out for this pairing! =D
Reasons to enter: 1. Break of daily trendline ( look at my related ideas on Daily CADJPY last few week) 2. EMA close over, EMA 50 and 21 showing long term downtrend. 3. Waiting for pullback near 38.2% fibo levels. 4. Changing trend as lower highs and lower lows are forming. Goodluck all and let's wait! =D
Still bias on this pair, and still patiently waiting for the fall of euro. Personally would enter my buy limits at either 38.2% or 50% fibo levels. This pair is respecting my trendines and EMA. And aiming for the target to the long term upper trendline (can be seen from monthly chart). Lastly, be patience when trading forex. Peace out~ Let the market come to you :P
Reasons to enter: 1. Bullish is taking control in the daily timeframes/ weekly timeframes 2. Close to EMA, Would be a reasonable buy. 3. Support at the price around 1.2350 was beautifully respected. 4. FIbo level 61.8% was met, am aiming for 0% or even -27.2%! Happ trading all! Trading needs patience, and patience is the key to success! :P
Reasons: 1. This pair just broke the daily trendline (channel) and managed to retest the trendline and still became a resistance that makes the price go south. 2. EMA 21 was respected and bounce lower to form lower lows, am expecting another lower low to form. 3. Fibo level 38.2% was met. Am playing around with the support/resistance from fibonacci. 4. 1.6375...
Bullish biased for these two pairs. We can see by the charts in the D1 and W1 timeframes. Reasons: 1. Fibo levels was met, 2. ranging and playing with Daily EMA, 3. candlestick in daily shows a strong bullish signal. 4. Daily showing an inverted Head and shoulder currently. Now it's forming the right shoulder, hence bullish is biased. Worth a shot to pull the...
Reasons : 1. Buying power is still strong with the aid of candlestick that showed. 2. Just broke out of the ranging box. Am expecting the price to bounce from the yellow box to the upside. 3. Chart pattern is forming a bullish channel, so im setting my buy limits at the bam of the trendline and wait for pullbacks to enter :D 4. Am expecting my fibo levels 38.2%...
For pure swing traders, this would require so much patience, but this will be hit! Reasons to enter: 1. A bullish pin bar was just formed two weeks ago (2 candle ago from the most recent candles) 2. Broke of the long downside trendline and this TL was also then retested and beautifully respected. 3. Am expecting the price will move up after hitting the most...
Due to last week Friday night, the weaken of USD made this pair rally up like there's on tomorrow. Currently im waiting for retracement to at least 50% fibo levels (1.3610) before heading higher highs. Buy limit can be place at around 50% fibo levels ;) Reasons to enter: 1. Support at 1.3610 must be tested before heading upwards. 2. Price just closed above EMA,...
Due to last Friday, this pair had significantly broke the trend line/ triangle. It's Time for short for this pair as im bearish biased now. Reasons: 1. Break of triangle/trendline. Am expecting the price to retest my fibo level 23.6%/trendline and drop further. 2. Price just closed below EMA 21. Daily and weekly TF still showing a very strong bearish signal. 3....
Since last Friday the recent spike upwards toward 1.2200 was well spiked, and hence created an all time high for the past three years, hence more bullish is expected as higher highs was created. Personally, im expecting some pullbacks for this pair now, and I'll place my buy limits around my 38.2% fibo levels or even 50%/61.8% fibo levels. Reasons to enter: 1....
Reasons to enter: 1. The price is currently ranging inside the box (yellow box) 2. Price is ranging with ema 21, am expecting a bounce back upwards. 3. Fibo level 61.8% was met nicely. 4. Trendline is intact, forming a chart pattern called flag. Bullish is biased. Trade safe, will encourage to enter both entry. Buy instant and buy limit would be just nice! Happy...
Fibo levels 38.2% was respected nicely ! The previous candles were fakes as they are just luring the sellers into the trend. and thats where we profit from. Look at the colours of candles, we can know that buyer is still in control, hence bullish Is still expected. EMA 21 also was respected nicely ! Am expecting this pair break it's upper trend line and create...