USD/CHF trade - Forex.DocToday we caught this solid +62 pips trade in VIP group. I was waiting for the price to give me some signs that new lower low is about to form.
We can see that after strong bullish candle, price immediately formed bearish candle followed with a strong bearish wick rejection. I was also able to connect these lows with a bearish trendline.
I decided to sell and not be greedy with my take profit. I didn't want to go down to 0.95050 (previous major low) because its Friday and it was a good decision.
Structure
USDJPY sell setupusd jpy was trending bullish from quite long time now market has found a strong resistance area market reversing from that resistance zone
wait for the retest of the structure
look for bearish confirmations on lower time frames and sell usd jpy with proper money management and risk to reward ratio
patience is the key
ETH heading strong resistance and good support levelshello all
i think we breakout from a range area and surpass the 1280 resistance.
now we reach 1650 resistance and the market react to it.
so i think we have a pullback to 1300 area and after that toward 1650 again
and repeatedly react to 1650 resistance and after that will go for 2000 resistance.
also maybe we have a 50% correction of this impulse wave that shows the 1300 level too.
Etherum has good fundamentals according to merge upgrade.so this targets are reachable
in coming months.
share me your opinion in comments.
GBPJPY Sell opportunity GBPJPY first broke the trend line than broke a support
now market is going to retest the broken support which become a resistance now
wait for the retest of broken structure and look for bearish confirmation on lower time frames
than sell GBPJPY with proper money management and risk to reward
patience is the key in the financial world
AUDJPY sell opportunityAUDJPY broke the trend line and also the recent support
now market is going to retest the broken support which is now become resistance
strong bearish momentum
wait for the retest of broken structure than look for confirmation on lower time frames and sell AUDJPY with proper money management and risk to reward ratio
always remember
Patience is the key
BTC/US30 Quick Analysis | BTC 📉 Although BTC may be considered as a 'new safe heaven', 'digital gold' and etc., it is actually one of the least safe investments. Whereas, 30 year US bond yields tend to be on the safest side in comparison to all financial assets. By analyzing financial assets against commodities or safe financial assets you take away fiat currency fluctuations. Which are generally dependent on government policies, balance of trade and sensitive to supply/demand shocks.
Thereby, I believe pairing a financial asset of interest against these more stable, less volatile assets (e.g, gold, bonds) may be beneficial for analysis.
This makes trading Cryptocurrencies a little clearer/easier
chf/jpy sell oppertunityas we mentioned last day chf jpy rejected from the double top and given us a good bearish drop last night
broke the trend line and back at retesting the broken structure
look for bearish confirmation on lower time frames and short it with proper money management
always remember
patience and discipline is the key in the financial world