usufgul

usufgul

On 4hours chart long wick doji has appeared suggesting the opening of long position

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A tweezer Top on hourly chart suggest bearish reversal and supported by subsequent candles therefore a good opportunity to open the short position

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On hourly chart it seems the pair is registering the potential reversal Trade Plan suggests the possible entry point

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On 1 hr chart the EURJPY suggest the bottom of current trend. the Reversal is being supported by the Higher Highs and Higher Lows. any position initiated above the recent high can be a juicy one, thus proving The Dow Theory once again

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For last few days pair has been posting higher lows and higher higs this phenomenon is indicting the trend reversal. so if the recent high is breached we may initiate the long position

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We are seeing higher highs on EURUSD chart if the price goes above the recent high we may initiate the Long Position

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On EURAUD chart on 1 hour time frame we see the pair has posted three Higher Highs and three Higher Lows in a row this happening is good enough to make us believe the Bullish Trend is setting in. Buy Limit =1.65254 Stop Loss= 1.64600 Lot 1 = 0.23 Lot 2 = 0.23 TP = 1.6591 TP2 = 1.6656

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From the first week of June EURJPY shwoed trend reversal to bullish. From the low of 148.628 on Tuesday 6th June at 2100 hrs, it rose upto 157.955 on Monday 3rd July at 900 hrs. Potential bearish reversal on 5th July @ 2100 hrs the pair posted a Lower Low raising the flag for bearish reversal which was confirmed on 6th July @ 900 hrs and verified on 7th July @...