Had a very nice conversation about this pair with one of my clients last night and wanted to share this morning now that not much has changed overnight. There are 2 setups on this chart one was a double bottom which can now potentially turn into a 2618 opportunity at MINOR structure & the second is a potential AB=CB pattern with fibonacci confluence that can...
In Nikkei, the signs are pointing downwards. There are several signals that indicate falling prices in the Nikkei. On the one hand, the repeatedly tested resistance could not be overcome and on the other hand, the CCI also issued a sales signal. As a stop loss, the 19,800 is quite good and as a take profit 19,300 is a good choice. This results in an excellent...
RSI is oversold and the price is under big resistence.Ratio 1:2
Price has been making higher highs and higher lows. It is due for a pullback retrace area of 1.3115 to 1.3150. TP will be previous high of 1.3256. My TP will be @ 1.3248.
Yesterday, a beautiful evening star completed at a resistance level, which resulted in a distinctive swing low from July 2012. Also, the CCI turned again under the +100. Only the volume does not play quite well because no increasing volume will be seen in the down move. However, this formation was confirmed with lower prices than yesterday.
IDEA: Expecting further short to 2.855-2.848 . DISCLAIMER: This is where I practice ideas and work on my trading techniques. Please note I am only providing my own trading information for insight to my trading techniques, you should do your own due diligence and not take this information as a trade signal. Trade at your own risk.
Significant level is at 108 which last traded below that level was in November 2016. It has been tested twice during 2017, my bias is it will test the third time and move up to 114 again before the end of 2017. stop loss set at 108, target 114, 1 to 4.39 RR. lets go!
just confirmed above the resistance zone looking to see a reversal and hold at 38.2 then gain higher
Good morning friends! As you can see from the title, during the night my sell limit order was taken on this pair. In the picture you can see an H4 graph and a Daily one, respectively pro trend and counter trend. Confusing, isn't it? Now I'm going to explain the organization of my trade. As usual, I start from a Daily chart in order to have a complete analysis....
... is getting faster exponentially with each new contract ... and is fee free, once one of the major intergations hits ... the sky's the limit, till then it works mostly like any other altcoin in top 10
Great looking zone. Entering a short position and will add/reduce to it as price action dictates> However a bullish breakout is certainly possible so i'll hedge my position my buy stops about 70 pips above the zone for protection. Lets go
the pair is difficult to analyze as it is very volatile. I am much more bullish than bearish since the pair is already bullish in the daily timeframe! Long the pair to the next resistance of 0.806
Great looking zone here that has been tested many times and held firm. Current price action is indicating more bearishness to come, as is the case with many other yen pairs at the moment. A short here with a stop above the zone is my trade. take profit accordingly