There were a couple of entry setups formed during Asian session (if you even watched this market during that hours), otherwise, YM was grinding up in the RTH morning, patience was required to wait for entry opportunity (well, at least for my type of trading). Looking at the context in hourly chart on the left, […]
Here is a quick review of YM for the past day
So, big sell off of GBP. There are loads of retracement levels for GBP crosses. I am taking GBPJPY to show potential reaction zone. M30 – Around 143.90 zone. A retest of previous support turned resistance, with confluence of supply line, and the base of sell off. This zone should provide some reactions. M5- Detailed […]
I think there are probably 10,000 charts talking about the daily “Pin bar” of GOLD lately. I am not the expert of “Pin bar”, I do notice the long tail tested the resistance level and failed to close above it. Anyway, looking into shorter time frame, we have a support zone around 1755. More conservative […]
Here is the $NZDJPY daily chart after NY session close yesterday. Very nice reaction at 65.50 ish zone. The major roadblock is seen at 64.30 ish zone now. It is a strong support zone formed by previous highs. Here is the…..CHART!
NZDJPY looks interesting to me. A potential short. Just be aware high impact events (FOMC statement) later today.