My usdjpy buy trades update
Guys all good evening and greeting to all. I hope as usual your success in this business as well as outside of this business. Since market give us easy means to read its movement so you all do not miss to make adequate money what I wish you all time. In the morning time I shared an analysis on the usdjpy price and I tried to prove the price uppish maybe you follow me and now your buying trade showing a very good positive value. Till now the price going on the buying channel.
On the other hand, the price now running to form "W" and when the price will touch 110.40 my take profit will be trigger by the market and the pattern will be completed.
Here is my current trades progress
This is my third update and I try to explain here nzdusd price. Since today morning I keep observation under my knowledge and this price now feels good to trade above the channel signal line. On the weekly chart, the price now starts to form an inverted head and shoulder which inspires us to buy the price and its aim to grab a high price.
This is my oil analysis. Now going high time because on the hourly chart the price reach at his ascending channel resistance line which means quickly the price will fall toward his downside channel line so this is a proper selling signal. On the weekly chart, I showed there a cypher pattern so the hourly and weekly chart gives us the same signal
The silver price now down what is very known matter across the forum. I draw there M pattern and right part of M pattern the market is busy to form. So there is going on sell signal. What I see the price main target to meet the 50 as well as 200 sma and touching the level this price again moves up.
Gbpusd price analysis
I come back to the journal to make update the gbpusd price. Suddenly the price falling and fixing at the support level. Now what you do with the price that I try to explain. In my chart, I try to tell which will clear you. We need to get a daily candle again above the support line then we can buy else the price comes down and form daily candle then I am sure the price will be falling.
At this time I follow the usd index power which employs the total forex market. We know gbpusd price is a very dangerous price because the last day was not a bad usd index but he suddenly grew up and earn 100 positive pips. So try to know the price sentiment and technical aspect which guide us to go with the market trend.