audchf is forming corrective wave. as we can see it is a symmetrical triangle pattern alias continuation trend. besides that the price area has now entered the fibbo area. it's time to open a long position.
eurcad is in a downtrend. this can be said because currently the price of eurcad is forming a corrective wave. we wait until the price bounces in the fibbo area or we can wait patiently until it forms a chart continuation pattern. but I prefer pending orders in the corrective fibbo area. don't go against the trend!
based on the elliot wave theory and the current uptrend, the aud jpy will continue to rise today. besides that we can also see a symmetrical triangle on the corrective wave. don't go against the trend!
CADJPY shows signs of an upward trend. this was determined by ichimoku analysis. I have marked 3 marks which include tenkan, kijun and chiko span bent upwards this is called "sanyaku koten". even the cloud has also twisted and bent upwards. I will wait for the break 92.154 first to open a position.
The NZDJPY price pattern has formed a broadening wedge/trumpet but in Ichimoku's analysis it will almost form a “Y wave” if a bearish probability is formed due to the appearance of an “S Wave”. but if the resistance area on 28 May 2021 is broken, the price pattern will form an "N" wave and the price will fly. here's the scenario I think will form. don't go...
NZDJPY will remain bullish , this analysis is based on technical analysis in the form of a trendline, there is a falling wedge pattern and is catalyzed by the macroeconomics of the two countries. The trend is unlimited, don't fight the trend! OANDA:NZDJPY
currently AUDJPY is very possible for an uptrend. This is supported by macroeconomic conditions in Japan and confirmed by technical analysis.
today the price of usd jpy has broken through support 5 years ago. supported by various macroeconomic indicators and technical analysis. we can find a symmetrical triangle at m15 usually this indicates that there will be a continuation of the trend. don't go against the trend !!
a glimpse of ichimoku kinko hyo. this is wave theory/hado (right N-wave, left P-Wave), if your eyes are sharp you can see both patterns on the daily chart usdjpy time frame. both patterns indicate the bullish trend will continue on usdjpy before reaching the equilibrium point. I speculate this price will still go up at least 700 pips from the current price. ...
gbpjpy has entered the Fibbonacci correction area, besides that the price has already broken down the previous support area. the chart also forms a trendline. it's time to open a sell position.
Fibbonacci numbers are universal numbers that define every event, even the market. when the market exceeds 2,618 in the Fibbonacci expansion, this means that there is a bubble in the market. currently happening to crude oil. I think this is the right time to make a "Big short". The next geopolitical scenario is that the conflict between Russia and Ukraine has...
Confirmation by : ~ H1 Uptrend ~ Symmetrical triangel as continuation pattern ~ Fibbonacci Retracement FX:NZDJPY
Based on trend analysis, the falling wedge and symmetrical triangle as well as the Fibbonacci retracement tool, the audjpy price is expected to rise to the @85.858 point