MikeJohnson
NZDJPY - Analysis
#NZD/JPY# Throughout August and early November this pair was stuck within a range, until the bullish rally to the upside breaking 71.5. Since this break to the upside price hasn't moved much and is stuck in a corrective pattern. That pattern to me looks like a triangle pattern where we
EURJPY ideas trade on the 1H time-frame.
#EUR/JPY# EURJPY on the 1H time-frame. Steps: 1. The price is moving in the parallel channel of downtrend. 2. Strategy in range trading will open SELL order at the upper channel and BUY at the lower channel. 3. Follow up an order position when the price breakout the channel.
USDCAD - Trade idea!
#USD/CAD# 4HR USDCAD Technical Analysis - COUNTER TREND TRADE. Technical aspects: Pattern: Small descending channel smaller term , until it's broken Bullish flag Intra day could come into play if it breaks towards upside. Resistance: 1.31248, 1.31410, 1.31793, 1.32076 Support: 1.30639,
SPX short term weakness. Target 3455.
#SPX500USD# A short signal has been issued on 191120 at 3559. The target is on the Kijun line of the Daily charts at 3455. A break below 3455 will test 3399. A break above 3576 will test 3674. The SPX is bullish on LT /MT and facing short term correction in the very short term. Watch for price actio
EURUSD, 4hr tf, sell the trendline rejection
#EUR/USD# Hello my friends, Next setup for next week is EURUSD pairs. I could see that price broken below the ascending trend line and retested it. It looks like that retest could be seen as a double top pattern as well. With this in mind i think a rotate to the lower side is possible
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