One more shot at LTF UJ shorts but if 148.3 breaks I will be rethinking the bearish bias. Target 2 is HTF (4H) swing low sitting about 1 weekly atr from current price action. If we manage to make it down there, and have the nuts to hold, its 1:12 RR
UJ shorts have been paying out for the last couple weeks now xD selling pullbacks/lowerhighs until it doesnt work or target 2 gets hit
I'm taking a short position on USD/JPY, looking for continuation towards the recent 4-hour swing lows. The pair has shown consistent bearish momentum, and I'm anticipating that this trend will extend further. The entry is positioned to target 1:3, with a focus on the price moving towards the previous (HTF) swing lows.
I'm expecting further bearish continuation on USD/JPY this week, with a focus on the 350-pip weekly ATR. The potential range is already mapped out on the chart, showing how far price action could move if the momentum continues. If we see another bearish week, this range could be fully realized, offering a significant move to the downside. Watch closely as price...
one more go on UJ then done for the week US data came out better than expected and blew up my shorts lol
USD/JPY is exhibiting bearish tendencies, with the price encountering a resistance level and showing signs of weakening momentum. The recent price action suggests a potential shift towards the downside. This pair will be interesting to watch as we observe how the bearish momentum unfolds in the coming sessions.
DXY is showing bearish momentum in the intraday charts, with the price encountering resistance and struggling to maintain recent highs. The indicators reflect a downward trend, signaling potential weakness ahead. This setup could lead to further declines if the current momentum persists. Let’s keep a close eye on the developments!
As USD/CHF nears a crucial resistance level, the chart is beginning to paint a bearish picture. The recent price action might indicate the start of a downward trend. Keep an eye on this pair for possible opportunities!
In general, bullish USD. Watching USDCAD for a LTF breakout and potential surge once the breakout is confirmed.
In the forex arena, we're strategically eyeing a bullish DXY trade plan that kicked off with a strong bounce from higher time frame (HTF) Fibonacci levels. The recent surge, breaking new 4-hour highs, suggests a shift in market structure and sentiment—a promising opportunity. Our game plan involves keenly watching for low time frame (LTF) continuation. We're on...
watching LTF price action in DXY for confirmation. If DXY can find support at 104 and starts to trend up USDCHF will probably follow
focus is on a bullish US30 trade outlook poised for potential gains. A breakout of market structure signals a compelling opportunity, which sets our sights on targeting all-time highs
If a slight bullish correction materializes, offering an opportunity to tap into bearish low time frame (LTF) Fibonacci levels, we'll be actively seeking short entries. Conversely, should the market kick off with bearish momentum, our focus will shift to monitor a potential breakdown and patiently await a retest
In the stock market landscape, there's a keen focus on a possible bullish move in US30, targeting all-time highs. The strategy involves monitoring a lower time frame (LTF) breakout, anticipating a favorable upward trend.
what goes down must come up.. wait a minute, that doesnt sound right..
round numbers usually do the trick.. looking for bearish continuation in eurusd
potential bearish play in NZD/USD, where we're honing in on higher time frame (HTF) Fibonacci levels. This trade idea is strategically crafted to navigate the currency pair's landscape.
Delve into the nuanced landscape of AUD/USD as we position ourselves for a potential bearish move. This trade idea is grounded in a strategic analysis of market dynamics.