Buy above 81.90. Stop loss at 81.67. Take profit at 82.90. Reason for the trading strategy (technically): Price has once again dropped to our support level. We remain bullish above major support at 81.90 (Fibonacci extension, horizontal swing low support, bullish divergence) and we expect a strong bounce above this level to at least 82.90 resistance (Fibonacci...
*pun intended* With the continuing decline of the Aussie despite the higher ups of commodities, the pair has been struggling to push to the upside against a safe-haven currency. The same is occurring with AUDCHF considering that the Swiss Franc is also a safe-haven currency. Last trading session, the AUDJPY pair formed an inside pin bar which may suggest a...
Several Yen pairs have formed inside bars which may suggest a reversal of the trend. However, some are already on the decline like my previous trade analysis: EURJPY.
Buy at 83.60 and book profit at 84.40 If the candle closes below support line than don't enter Let's Watch !!
AB=CD Price At 81.95 So the 81.95 is good support!
Hi traders!I hold a point:Good charts does not need more words to explain! Good luck!
The price is consolidating at the current level - We take short position at 86.50 level and book profit at 85.20 - The setup will invalidate if the price breaks 87.50. For your Info, we see this pair at 90 level in a weekly higher time frame charts.
We expect the price will move upwards on a long term weekly technical analysis. Take Entry @ 86.40 Take Profit @ 90.80 Stop Loss @ 76.00
Buy above 85.34. Stop loss at 84.97. Take profit at 86.08. Reason for the trading strategy (technically): Price is bouncing nicely above our buying level from yesterday. We remain bullish above 85.34 support (Fibonacci projection, horizontal support) for a push up to at least 86.08 (Fibonacci retracement, horizontal pullback resistance). Stochastic (21,5,3) is...
Buy above 85.34. Stop loss at 84.97. Take profit at 86.08. Reason for the trading strategy (technically): Price reached our profit target for the 4th time in a row. We turn bullish above 85.34 support (Fibonacci projection, horizontal support) for a push up to at least 86.08 (Fibonacci retracement, horizontal pullback resistance). Stochastic (21,5,3) is...
Hey Guys, We are in the begining of the C wave from an Elliott Impulse. As simple as this. B wave is over with the break of the main trendline and now we have a clear flag. Sell the breakout! Carlos