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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
https://discord.gg/AKDr9vPqH7
#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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[Trading Opportunity Everywhere]
If the Bearish Bat Pattern on the daily chart is not good enough for you(link within tradingview). The 1-hourly chart Bearish Crab Pattern would be a great setup for you. The completion point is at 134.24 and provides... more[Trading Opportunity Everywhere]
If the Bearish Bat Pattern on the daily chart is not good enough for you(link within tradingview). The 1-hourly chart Bearish Crab Pattern would be a great setup for you. The completion point is at 134.24 and provides you with a shorting opportunity. You have to wait for candlestick pattern confirmation before engaging in the trade.
Trend Traders could wait for buying opportunity on the Key Support Level at 133.33
Live chart:
https://www.tradingview.com/chart/USDJPY/FuAUAQKh-Trading-Opportunity-Everywhere/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#USDJPY #bearishcrab #crabpatterns #countertrend #bearishbat #candlestickpattern #candlestickanalysis #harmonicpatterns #keysupport #supportandresistance less
https://vimeo.com/817943158
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[Lower Risk, Higher Returns Trade]
On the Daily Chart (right), the Bullish Shark Pattern has not completed its final target. The 4-hourly chart(left) allowed us to get involved with the trade at the Key Support Level.
A double bottom with an RSI... more[Lower Risk, Higher Returns Trade]
On the Daily Chart (right), the Bullish Shark Pattern has not completed its final target. The 4-hourly chart(left) allowed us to get involved with the trade at the Key Support Level.
A double bottom with an RSI Divergence would be my cue to engage the trade.
Live chart:
https://www.tradingview.com/chart/EURUSD/mg7Tu5y7-Lower-Risk-Higher-Returns-Trade/ />
Redeem Free Training by clicking the Pin Messages in the Traders Cafe Chat�
https://discord.gg/AKDr9vPqH7
#EURUSD #BullishShark #combotrade #trendtrading #harmonicpatterns #sharkpatterns #sidewaybounce #candlestickanalysis #candlestickpattern #keysupport less
https://vimeo.com/811615197
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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.
Stay tuned for more trading insights and updates!
