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USDJPY verified our Trading scenario!

Following up our trading scenario, the pair finally violated the 61.8% but it bounced to the upside and reached our resistance area. The pair retraced back more than 35 pips to the downside giving a decent intraday trade setup. Hourly

CHFJPY Daily Trading Plan

This analysis may give two potential trading setups by providing entries as well as exits. We keep it really simple and straightforward. Always review your own analysis, if there is a confluence between this and your own strategy, then you may have even better trading setups. On the chart, two levels indicate the BUY (green) […]

Ethereum consolidates before the next move!

Ethereum created a bearish Doji yesterday, but buyers maintain the positive momentum today as well. The price stalled at 61.8% (Fibonacci retracement) as well 161.8% (Fibonacci Extension). The current resistance is critical. If the price continues moving higher, then next resistance and potential target is 345 level. Heading to the hourly timeframe, ETHUSD is consolidating […]