Currently we are awaiting a confirmation to open a Long position on USDJPY Price seems to be moving away from strong support at around 105.27 which it has bounced of earlier on this month In March price was down to 4 months lowest. Expected target at 110.20 Stop loss at 105.25 * green and red arrows indicating general direction not time frame
EURJPY pair has failed to break through the major resistance at around 134.50 and what it seems to be turned back down. At about 133.22 we are expecting correction up to 0.5 fibo and another drop down to 131.70 area as a target. Alternatively, if 133.22 support holds, EURJPY will be retesting resistance 134.50 #SmartInvestmentTeam
USD/JPY short downtrend on H1. You can see the importance of diagonal resistance and support marked by red lines, creating a kind of tunnel. On the top of that we have a Fibonacci retracement. Strongest resistance usually at 0.5 and 0.618 levels. By drawing these it's easier to tell the entry point. These levels work as resistance, in this case, and giving you an ...
#ETHBTC is currently caught up in local sideways trend. #ETH was testing support at 0.575 and it seems we will be heading towards 0.605 area. Oscillators confirm that. We are past 4,370,000 block and it seems to be accepted smoothly. Alternatively we may be looking at drops down to 0.55 #SmartInvestmentTeam #SIT
Another update on my trading idea We may be heading towards all time high "5k" with possible local correction If it breaks through resistance in $4982 area, we will be looking at further up movement Alternatively it may fold back in $4680 support area if resistance holds. #btcusd #btc #SmartInvestmentTeam
I just wanted to post an update to previous analysis. #BTCUSD is heading towards $4380 area where will be testing important resistance. If resistance is broken we are looking at bullish up to $4680 with slight corrections. Alternatively if resistance holds, we looking at drop to around $4000 area. If you want there is tight opportunity to squeeze a little profit ...
This is an update on current #BTCUSD situation. It seems like bullish trend may take us to around $4100 following three hills pattern. Important resistance at around $4020 still to be tested so watch out for that and keep eye on any fundamentals coming. Support at around $3813 #SmartInvestmentTeam #SIT