USD/JPY has a similar structura what we had back in august, there was no proper backtest from the breakout zone. This week I expect a proper rebound before a major rise to ATH levels.
Position opened for reveral, titght stop also, I think we have more room to rise from now on, good point to catch the falling knife.
Considering my previous analysis, i think there is a possibility for a larger breakout from the descending weekly channel. Catching the market top at this point is really risky, so I am increasing my entry position to higher level. There was a major breakdown from the 151.500 level lest week, so a retest of that level is also possible, so I will try to enter the...
After the recent market activity its not impossible that we will have the following scenario on the long run. We have a lot of speculative activity on the market, picking up low market cap coins pushing them into unrealistic valuations. I also see a lot of thing happening with ACS, but do not consider this analysis as an investment advice. I will give a try on my own risk.
Since my last 2 attempts to trade the USDJPY pair, I have one failed trade, one was not activated as the buy entry level was not touched. For the long term perspective I see a good opportunity forming for short entry. I feel confident that the price will reach my entry zone, with a realtive low risk opportunity I can cath the downtrend. Lets see how it goes.
SEAM seams to be a good value for money right now considering the recent altoin hype. Its not impossible based on the market behaviour in the recent weeks. Lets see what we got in december.
For the intraday trading session I will try to play this setup trading against the recent rise between two major support and resistance levels.
Since my last analysis USDJPY dropped even below my expected support levels, it looks like the bullish pressure is now on. I expect the following scenario for a buy opportunity. the area of 159.000 level looks to be a safe zone to enter the market with long position.
USDJPY nice rebound opportunity, testing the major support level can bring up the price to recent daily hight. Nice low risk opportunity with high return. Lets see if we can catch it!
USDJPY is getting too hot, so a nice rebound would be also a great opportunity for a retest, I am planning to take this trade if the market catch my entry.
USD/JPY: It was a long time since my last post, so I am planning to come back with some of my key setups. I want to keep it simple, also my pending orders are set just as it is on the chart. I think that the market should retest that huge crash that we had a couple of days ago, but for that, we need the highest prices range that we can. The market also gaped...
baSED ON MY PREVIOUS FORECAST MY TARGET HAS BEEN REACHED, RIGHT NOW I opened a counter trade back to the 1700$ levels. I think the new years rally finished for now. I dont think that the price will go ballistic at this moment.
Hello all, Based on my prior experience we usually had a December rally in each year, when gold went to stong bullish momentum. I am planning to get to this ride with a short position, but ultimately I would like to short it back from the 1870$ level. That 1870$ level was also a key point during this year bull run, so a healthy pullback from it would be useful...
Gold is ready to takeoff, I set 2 targets ahead, splitting my position into half once the first target will be reached.
I think there is a high probability that the gold price will shoot up to the 1740-1760$ zone till the end of the todays trading session! Lets see!
Its time for the moment when patience pays you out with low risk, buying from cheap prices.
It can be a nice dead cat bounce for sure. If the bull market ended, we will have a 85% drop from the ATH level. Happy trading for you all!
Gold looks pretty weak and it looks like that the bearish momentum continues. Another dip may seems a good opportunity from the current price level. We have a decreasing trend also, and the risk reward is also promising.