[tab: Asia Morning]
Looking at potential completion of ABCD at the lower channel line.
[tab: End of Tokyo session]
Check back later for chart update after close of Tokyo session
[tab: Asia Morning]
Looking at potential completion of ABCD at the lower channel line.
[tab: End of Tokyo session]
Check back later for chart update after close of Tokyo session
[tab: Asia Morning]
Here is the hourly structure of $AUDUSD I am looking at. This is not necessary a shout of buy, but I do expect some reaction at this point after the selling during overnight U.S session.
Not so much about $USDJPY at the moment, it might be trapped between 83 to 8320. However, I am still eyeing target above 8350.
[tab: End of Tokyo session]
[tab: Asia Morning]
Here is the hourly structure of $AUDUSD I am looking at for today’s trading. It is not difficult to see the confluence of ABCD completion, resistance level and channel on the chart.
Not much changes for $USDJPY during overnight U.S session. Still looking at potential test of 8315/8320 range.
[tab: End of Tokyo session]
$AUDUSD completed ABCD formation, and immediately reacted at the resistance level. Next immediate support is seen around 1.0485.
[tab: Asia Morning]
Good morning (as if there is anybody reading this post, at all!) from Australia. As I tweeted, Monday morning is normally tricky to trade, I am spending more time reading than trading until Tokyo, Singapore markets open. Here is the structures of $AUDUSD and $USDJPY that I am watching. These charts are just the frame work of my intraday short term trading.
[tab: End of Tokyo session]
$AUDUSD reacted well at the resistance level and retraced around 50% of last up swing.
$USDJPY retraced from hourly resistance and immediately bounce at the nearest visible support. It is now looking like it might give 83.17ish level a test.
I am testing a new idea, so for limited time, I am posting key levels of some major pairs that I am trading frequently. These are basically support and resistance levels. If any of my 12 readers finds these to be useful, shoot me a comment, we’ll see what we can do with these.
I am trading mainly off 4-hour chart, so only 4-hr charts are posted here.
[tab: EURUSD]
[tab: GBPUSD]
[tab: AUDUSD]
[tab: NZDUSD]
[tab: USDCHF]
[tab: USDJPY]
[tab: GBPJPY]
Here is the USDJPY chart. I am looking at 83 area for potential short trade. There are confluences of Fib extensions, harmonic patterns formation, and price resistance area.
Here is the chart to confuse you.