The market came and retested the trendline again in 4hrs. So we went down to the lower timeframe for entry. After the breakout of previous resistance in 30 mins we took this trade with a very good 1:2 risk to reward. we took this trade very earlier before and got stopped out. So we are in this trade again.
The market has provided a nice impulse move towards the upside and came down for a retracement at a 50% of fib retracement on a weekly time frame. Going down to the lower time frame the market has shifted from a 4 hr bearish market to a bullish market. So we took this trade with a good 1:2 risk to reward
The daily and weekly shows that the NZDJPY is in a strong uptrend. Going down to a lower time frame the market is in a correction of the uptrend and also using fib retracement the market has exactly taken 61.8% retracement and started to move up.
AUDJPY is looking for great buying opportunity to take the the move to the upside & has the decent of RR
The market has provided a nice impulse move towards the upside and came down for a minimum retracement at a 38.2% of fib retracement on a weekly time frame. Going down to the lower time frame the market has shifted from a 4 hr bearish market to a bullish market. So we took this trade with a good 1:2.5 risk to reward
long treand line resistance breakout and important resistant breakout and pullback so we can go for long
We can go for long from current market price we are inside the pattern so minimum target only
Refer my first trade idea for the full picture. 1.Price has broken swing highs 2. Points of Interest (POI)/Demand zones that sponsored the breaks have been marked. 3.based on how price approaches and reacts to the POI, longs can be taken. Trade Plan: On lower time frames where structure is clearly discernable, we wait for a break of market structure to the...
FX:EURUSD Price Should Move up without braking of Invalidation Level in form of 1,2,3,4,5 waves in blue degree. As you can see wave ((i)) has been finish and currently we are in correction of wave ((ii)) As long as price is above invalidation level you will see further rise in the price in form of wave ((iii)).
CHART IS SELF EXPLAINED DISCLAIMER - ITS NOT A TIP OR CALL ONLY FOR EDUCATIONAL PURPOSE
EURUSD has given a clear & strong breakout of Parallel Channel towards the downside. It reversed from the resistance, which makes our second confirmation. We should look for shorting opportunities on EURUSD till it reaches its target. You can follow me on Insta - tradintra_fx.