Weekly Market Update: USDJPY, AUDUSD & BTCUSD, Jan 13th – 19th, 2025
NOTE: This market newsletter is based on analysis conducted using the daily chart timeframe. Each market discussed is accompanied by a corresponding price chart for clarity and reference.
USDJPY: Buying On Retracement Lower To Within The Range Of Bullish Fakeout + Pin Bar Setup
Comments: Price formed a Bearish Long-Tailed Pin Bar Signal on Friday, Jan 10th (We are not considering trading this signal).
The Small Bullish Pin Bar Signal that had formed on Thursday, Jan 9th failed (We did not consider trading this signal and hopefully saved some traders on this market).
Price moved briefly higher from the recent Bullish Fakeout + Pin Bar Setup that had formed on Monday, Jan 6th (We had been suggesting buying on a retracement lower into the range of this setup since Jan 7th daily newsletter).
Potential Trade Signal: We are looking to buy on a retracement lower to within the range of the recent Bullish Fakeout + Pin Bar Setup that had formed on Monday, Jan 6th, with stops below the low of the Bullish Pin Bar Signal that had formed on Tuesday, Dec 31st.
Buy Limit: 157.15
Stop Loss: 155.80
Take Profit: 161.20
Risk Reward: 1:3
To Trade This Market With Our Preferred Broker, CLICK HERE

AUDUSD: Selling On Retracement Higher To Within The Range Of Double Bearish Pin Bar + Inside Bar (Combination Setup)
Comments: Price moved lower from the Double Bearish Pin Bar + Inside Bar (Combination Setup) that had formed just below the 0.6274 – 0.6301 short-term resistance area on Tuesday, Jan 7th (We suggested selling on a retracement higher into the range of this signal in the Jan 9th daily newsletter).
Potential Trade Signal: We are looking to sell on a retracement higher to within the range of the recent Double Bearish Pin Bar + Inside Bar (Combination Setup) that had formed on Tuesday, Jan 7th, with stops above the high of the First Bearish Pin Bar (Mother Bar).
Sell Limit: 0.6255
Stop Loss: 0.6310
Take Profit: 0.6145
Risk Reward: 1:2
To Trade This Market With Our Preferred Broker, CLICK HERE

BITCOIN – BTCUSD: Buying On Retracement Lower & After Price Action Signal At Or Above $90855 – $92388 Support Area
Comments: Price formed an Inside Bar Pattern overnight (We are not considering trading this pattern).
Potential Trade Signal: We are looking to buy on a retracement lower and after a clear price action buy signal, at or just above the $90855 – $92388 short-term support area.
To Trade This Market With Our Preferred Broker, CLICK HERE

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Disclaimer: The risk of loss in trading financial market products, like Cryptocurrencies can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Any content posted here should not be considered financial or Trading advice, this newsletter is just for information purposes and is just the author’s opinion.