Views are currently Bullish on this asset. - Price has moved away from the last zone around 135.90 - We have a nice trendilne break - Price has also closed outside of the trendline on the daily chart
After the Equilibrium was met at 139.932 on the ichimoku, we then targeted the high that was established September 09, 2014 and the 61.8 reversal zone to an estimated 65 pips of risk, and a possible 315 pips of profit. In order to determine your entry, we have to chart days ahead, and truly get an idea of where the best entry. Sell limit was hit at 140.783, and...
UPDATE 23rd DEC In London right now and just had my porridge and what do you know I spot a bullish flag. These are very common when using ABCD Fibonacci extensions. This technical analysis concurs with my previous eurjpy analysis tagged below and shows a higher target than I previously anticipated. This geometrical formation has given me more confidence in...
It's simple. Potential for short until 120,00.