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[
Tricky Times, I'm Counter-Trend Now! 
]
Despite my Dollar Bias, all eyes are on US Secretary Treasure, Ms. Janet Yellen's upcoming speech in Bloomberg. Analyzing her insights could confirm the dollar's bullishness for the year ahead.
... more[ Tricky Times, I'm Counter-Trend Now! ]
Despite my Dollar Bias, all eyes are on US Secretary Treasure, Ms. Janet Yellen's upcoming speech in Bloomberg. Analyzing her insights could confirm the dollar's bullishness for the year ahead.
On the Daily Chart (right), there's an outside bar on the support line. Patient traders await one more day's candlestick before deciding their next move.
If you're determined to short USDJPY, keep an eye on the 1-hourly chart (left) at 138.89, as long as the market stays within the sell zone. It's worth considering.
On the other hand, if you're bullish, pay attention to the key level at 138.21 for a potential head and shoulders pattern, indicating a buying opportunity.
⚖️ If you're torn between shorting and buying, observe how the market behaves at 138.21. A violation confirms your short, while no violation means a tough decision awaits.
Live chart:
https://www.tradingview.com/chart/USDJPY/h1HfLCbj-Tricky-Times-I-m-Counter-Trend-Now/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat
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#USDJPY #headandshoulders #keysupport #outsidebar #countertrend #candlestickpattern #candlestickanalysis #sellzone #supportandresistance #ForexAnalysis #TradingOpportunities #TradePlan #DollarBias #CounterTrendTrading #JanetYellenSpeech #TradingInsights #MarketAnalysis #TradeWisely less
https://vimeo.com/847015169
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Channels Recommended for You
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[Counter-Trend on Dollar-Yen]
� This week, I'm keeping a keen eye on a counter-trend trading opportunity for USDJPY. I'm patiently waiting for a potential shorting opportunity at the Key Resistance Level of 142.96.
⚠️ However, it's important to... more[Counter-Trend on Dollar-Yen]
� This week, I'm keeping a keen eye on a counter-trend trading opportunity for USDJPY. I'm patiently waiting for a potential shorting opportunity at the Key Resistance Level of 142.96.
⚠️ However, it's important to note that despite this shorting opportunity, my overall bias remains bullish on the US Dollar. This week appears to be a retracement week in the market.
Stay tuned as we navigate through market movements and identify potential trading setups. Let's make the most of this retracement period! ��
#USDJPY #CounterTrendTrading #ShortingOpportunity #RetracementWeek #StayTuned
Live chart:
https://www.tradingview.com/chart/USDJPY/Do6TnUmE-Counter-Trend-on-USDJPY/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#USDJPY #keyresistance #countertrend #candlestickpattern #candlestickanalysis #supportandresistance #ForexAnalysis #TradingOpportunities #TradePlan #CounterTrendTrading #ShortingOpportunity #RetracementWeek #StayTuned less
https://vimeo.com/843680721
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� My bias is strongly inclined towards buying GBPUSD. Currently, I'm eagerly anticipating the formation of an Ascending Triangle trading setup.
� There are two possible scenarios to consider:
1️⃣ Waiting for a retest back to the trendline for a... more� My bias is strongly inclined towards buying GBPUSD. Currently, I'm eagerly anticipating the formation of an Ascending Triangle trading setup.
� There are two possible scenarios to consider:
1️⃣ Waiting for a retest back to the trendline for a prime buying opportunity.
2️⃣ Observing a violation of the red line at 1.2853, followed by a retest, before entering a trade.
Stay tuned as we closely monitor the market for the ideal buying entry. Don't miss out on this potential opportunity for profitable trades! ��
#GBPUSD #AscendingTriangle #TradingSetup #BuyingOpportunity #StayTuned
Live chart:
https://www.tradingview.com/chart/GBPUSD/hAkCOcsb-Aggressive-Buying/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#GBPUSD #AscendingTriangle #candlestickanalysis #candlestickpattern #TradingSetup #BuyingOpportunity #StayTuned less
https://vimeo.com/843667923
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[Bullish Run Persist]
I don't see how the USDJPY movement will turn bearish this week. I will focus on the buying opportunity at the support at 143.20 or a trendline retest. Both would require a Magic Candle Confirmation before engaging in the... more[Bullish Run Persist]
I don't see how the USDJPY movement will turn bearish this week. I will focus on the buying opportunity at the support at 143.20 or a trendline retest. Both would require a Magic Candle Confirmation before engaging in the trade.
If you are waiting for a counter-trend trade, the Bearish Bat Pattern on the daily chart(right) 149.12 seems like a better trading setup than the AB=CD Pattern.
If you love what you are seeing, remember to follow my only account, raynlim
Live chart:
https://www.tradingview.com/chart/USDJPY/4D2Dbg55-Bullish-Run-Persist/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#USDJPY #trendline #supportlevel #trendcontinuation #trendtrading #harmonicpatterns #countertrend #bearishbat #batpatterns #candlestickpattern #candlestickanalysis #supportandresistance less
https://vimeo.com/839488976
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[Identify Trend, Fast]
This is how I've identified the GBPUSD is going higher than most traders. If you look at the weekly chart, you would have spotted that the candle broke and close above the previous high; that gives me a sign even before it broke... more[Identify Trend, Fast]
This is how I've identified the GBPUSD is going higher than most traders. If you look at the weekly chart, you would have spotted that the candle broke and close above the previous high; that gives me a sign even before it broke the current structure, and I've been saying that for over a month now.
I'm focused on getting the buying on the buying opportunity.
There are 2 buying opportunities I'm focusing on.
A retest on the trendline on the daily chart is needed would be the magic candle confirmation.
A Bullish Gartley Pattern trading setup that confirms at 1.2673.
What are your thoughts on the GBPUSD?
Live chart:
https://www.tradingview.com/chart/GBPUSD/w35vIHNM-Identify-Trend-Fast/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat
https://discord.gg/AKDr9vPqH7
#GBPUSD #bullishgartley #trendline #trendcontinuation #demandzone #support #supportandresistance #harmonicpatterns #candlestickanalysis #candlestickpattern less
https://vimeo.com/839488915
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GBPUSD is currently experiencing an overall bullish trend, as evident from the Weekly Chart (right) showing bullish movement within the Buy Zone.
Retest of Double Top: Watch for a retest of the double top pattern completing at 1.2745 on the 4-hourly chart.... more 
Stay tuned for more trading insights and updates!
Market Reaction: As two trader groups converge at 1.2745, expect heightened volatility and rapid movements. Stay prepared! 
Stay Vigilant: Continuously monitor price action and adapt your approach as the market unfolds. Protect your capital! 
