Sell below 121.09. Stop loss at 121.86. Take profit at 119.65. Reason for the trading strategy (technically): We remain bearish below 121.09 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to 119.65 support (Fibonacci extension, horizontal support, recent swing low support). Stochastic (34,5,3) has reacted off our 92% resistance...
We expect the price will move upwards in the long term weekly technical analysis. Take Entry @ 123.30 Take Profit @ 128.20 Stop Loss @ 112.61
Sell below 121.09. Stop loss at 121.86. Take profit at 119.65. Reason for the trading strategy (technically): Price has reacted perfectly from our selling area. We remain bearish below 121.09 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to 119.65 support (Fibonacci extension, horizontal support, recent swing low...
if stay 2 days under 120.150, next target 118.731
Sell below 121.09. Stop loss at 121.86. Take profit at 119.65. Reason for the trading strategy (technically): Price has shot up and reached our profit target perfectly. We now turn bearish below 121.09 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to 119.65 support (Fibonacci extension, horizontal support, recent swing low...
Buy above 119.62. Stop loss at 118.63. Take profit at 121.08. Reason for the trading strategy (technically): Price held at our buying level perfectly yesterday. We remain bullish above 119.65 support (major horizontal support, Fibonacci retracement, EURUSD positive correlation) for a push up to 121.08 resistance (Fibonacci retracement, horizontal pullback...
We expect the price will reach 122.30 before going down. TP: 122.30 SL: 120.50
EURJPY broke out of triangle pattern. Multiple rejections faced - Pair to go down to 118 level and beyond if price action still remains bearish with no sign of q reversal
There is an uptrend. Open price - 123.194, TP - 123.496, SL - 122.794
Hey guys, i want to share with you this outlook i've drawn on my chart. You can see 3 different advance pattern formations are setting up right now. I consider those to be three valid reasons to get involved in the market. You know stop would go above/below X, and targets at .328 and .618 AD retracements. Don't tell me it's not beautiful. Good luck in the...
Come down to the bottom of the range. I have a buy signal. The Weekly is also quite interesting and we have pulled back to an old Resistance level. I'm still looking for a RR of 1:3
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
The analysis is mostly based off of the Fibonacci retracement lines. Saw the bulls rally price up after that bounce on that 61.8/38.2 mark and I'm forecasting a strong rally by the bulls with estimated TP targets at 3 intervals
Mapping out the fib extensions EURJPY, Euro could be in for a rough year. Keeping focused on the fundamentals here on out.
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron