RBtrage

RBtrage

Broken Wedge at the 2nd s/d. See illustration

RBtrage

See Illustration Great opportunity to buy; a quick end of the day fakie to the bottom of the regression channel. Again, if the pair breaks to the t/p level look for further gains all the way to the 102.8 area.

RBtrage

Playing the odds; lower 2nd S/d of down trend and a supposed newly formed uptrend. This trend looks appealing because of the oversold status of the Yen. The illustrated channel will provide a consolidation area. If broken someone should attempt to trail the position for an intermittent time period. R:R +3/1

RBtrage

Selling the 2nd S/D, overbought stoch, sagging RSI, and a resistance zone. Nearly 3:1 R:R to the .764 fib level!

RBtrage

Fundamental trend changing Event= South China Sea Dispute RSI-Stoch(fast)= *"smoked*" supposed weekly resistance area Risks= Continued uptrend following notice of BOJ's stimulus intentions

RBtrage Updated 

Short .05 Retrace 3:1

RBtrage

Broken Trend Line Broken Support (which was making new lows- lower time frame) Gap to be filled Pair in Downtrend 3:1 with potential for further downside Price below daily support turned resistance Correlated securities in upper echelon of most recent trading range