EUR/USD
Weekly : Bullish + Retracement.Daily : Bullish + Weak.
4H : Bearish + Strong.
1H : Bearish + Strong, EU just move out from retracement and currently test latest support at 1.4308.
Trade Idea: Enter short at 1H TF when EU close below 1.4300 with SL at 1.4446. Current price at 1.4324.
GBP/USD
Weekly : Bullish + RetracementDaily : Bullish + Weak.
4H : Bearish + Strong.
1H : Bearish + Strong.
Trade Idea : Hold current position for those who short, Trailing Stop (TS) at 1.6395. Not recommend new position until we see next retracement. Current price 1.6317
GBP/JPY
Weekly : Neutral.Daily : Bullish + Weak.
4H : Bearish + Strong. Retracement almost completed.
1H : Bearish + Retracement completed. GJ below Kumo.
Trade Idea : Hold short for those who already short. Can short now with SL at 132.40. Current price at 131.53.
USJ/JPY
Weekly : Bearish + Strong.
Daily : Neutral.
4H : Bearish + Weak.
1H : Bullish + Retracement.
Trade Idea : Wait for UJ close above 81.00 for Long entry. Short when UJ close below 80.10. Current price at 80.65.
EUR/JPY
Weekly : Neutral.
Daily : Bullish + Weak. Triangle pattern fail. Price in downtrend channel, near downtrend channel line and near Kumo. EJ may rebound.
4H : Bearish + Strong. EJ in downtrend channel.
1H : Bearish + Strong. EJ retracement completed.
Trade Idea : Enter short when EJ close below 115.18, SL at 116.50. Current price at 115.46.
Happy trading to all.
A post with a chart will be more meaningful.
ReplyDeleteThanks for your comment smf2000. Actually, to post chart for all pairs mentioned above is quit a tedious job. Since this service is free of charge, traders has to do a little job on his own to check what recommended here. The chart will be posted on single pair recommendation or update. You may request the chart for pair you interested maybe I can help you to focus on that pair base on Ichimoku trading strategy point of view.
ReplyDeleteArigato.