Hi, everyone USDJPY H4 uptrend has been broke out, short trade is valid per my strategy, pair looks quite bearish, try to avoid the news before you place the trade. Cheers.
Hi, everyone Per my previous analysis, the oil has broke strong resistance 57.86 and retested and closed exactly at this level, however it might do a deeper pull back to 57.16 again. We can monitor this pair in H1 timeframe to do some swings before it either break through 57.86 and 58.62. it could be some decent trade this week. Good luck to you guys for the fresh week.
Hi, everyone We have very similar situation here as GU pair, it might be a pullback before it reaches daily support zone. This is quite good R/R trade if that all follow the plan( this pair is very bearish now as well as GU) Hope guys has a nice start for the fresh week.
Hi, everyone Per my previous analysis, GU has reached my first TP at current level before market closed last week. From H4 timeframe, we are expecting some minor consolidation before it keep going down till 1.27100 where is both the trend channel and daily support zone. Target might reach by today or maybe early this week. After we reach the target, we should...
Hi, Everyone EURUSD looks bearish however the momentum seems to change in a couple of weeks.
Hi, everyone Lets watch this pair today, if it closes above or below 109.148 weekly support, so we can draft our next week plan. personally I would say it is in consolidating section as bouncing between 110.186 and 109.148
Hi, everyone This pair has been bearish for a long time, this is my setup for a short term. However the pair is still bearish unless it gives me signal to break either the weekly resistance level or downtrend channel, otherwise it will remain bearish even maybe create historical low.
AUD has been bearish for quite a long time due to AUS weak data and RB decision.
Hi, everyone This pair now looking good for the upside, the W has formed and neckline tested, however before the downtrend break out, I would say it might pull back to the weekly support 119.409 by this Friday. Next week we have to monitor this pair for the entry as I have drafted in the chart, it that does happen that means we are valid for the trade and the gain...
Per my previous analyse, oil traveled quite well till to the top, however not hit weekly 58.50 resistance yet, now it is bouncing between the uptrend channel. H4 timeframe tells us strong bullish is in control and it might hit the 58.50 by a wick in the following hours, I would say you can place a pullback trade to support 57.84 for TP, then wait for the...
Hi, everyone GU has tested the trendline however we need to monitor if that will break the upper resistance level, if that fails, price should drop to previous weekly shoulder level 1.27077 late next week. Good luck guys.
Hi, Everyone I have been monitoring this pair for a while. Monthly and weekly are downtrend, Daily and H4 is uptrend. wait till it retest the monthly trendline then we are looking for short, be aware of banks for the stop hunt. It should happen sometime next week.
Two days candles created a false break out of the uptrend channel. looking for retest the bottom trendline then rise. Entry 56.70, TP 58.50.
Hi, everyone CADJPY could rise per my analysis, now it is at daily support zone, you can open short from here. Howevery it might retest the previous trendline before it start to rise as well. you can monitor this pair in the following days. Today's candle is quite important, lets see if that close above or below the support line.
Hi, everyone AUDJPY looking for long this week. Good luck with the trade guys.
Hi, everyone last week it made false break out of the downtrend, and fell back into the channel again this week. Looking for short to at least the support level(green box as support zone). It might be break through this time however we need to monitor it for a while.
Based on weekly chart, it has broken the downtrend channel since last few weeks. It seems retesting the line now. lets see if this week candle closes above or below the line. (personally I would predict it closes above)
Major trendline break out, wait for a retest for the trendline then long