I hold a point:Good charts does not more words to explain! Good luck!
I hold a point:Good charts does not more words to explain! Good luck!
Buy above 113.06. Stop loss at 112.58. Take profit at 113.82. Reason for the trading strategy (technically): Price has dropped perfectly and reached our profit target from yesterday. We now turn bullish above 113.06 support (Fibonacci retracement, horizontal support) for a push up towards 113.82 resistance (Fibonacci retracement, horizontal overlap...
Sell below 113.95. Stop loss at 114.95. Take profit at 112.56. Reason for the trading strategy (technically): We remain bearish below 113.95 resistance (Fibonacci retracement, horizontal resistance) for a drop down to 112.56 support (Fibonacci retracement, horizontal overlap support). Stochastic (21,5,3) is seeing strong resistance below the 94% level.
Buy above 112.60. Stop loss at 111.35. Take profit at 115.30. Reason for the trading strategy: USDJPY has bounced nicely off our support at 111.35 previously. We now remain bullish above 112.60 support (Fibonacci retracement, horizontal overlap support) for a further push up to 115.31 resistance (Fibonacci retracement, horizontal overlap resistance). RSI (34)...
Last UJ trade that I experiment with new transitions would hit SL. I remake formula and get new levels. Giving this a one more try with new levels. Reasons. Gold reach XO90 possible pullback key level. UJ does the same. UJ Testback transition. UJ is in falling wedge? UJ make double bottom? Not tech expert as I am not tech trader, mostly doing my stuff, but added...
Buy above 111.35. Stop loss at 110.10. Take profit at 113.15. Reason for the trading strategy (technically): We buy one last time above 111.35 support (major Fibonacci retracement, horizontal overlap support, Fibonacci projection) for a push up to at least 113.15 resistance (Fibonacci retracement, swing high resistance). Stochastic (21,5,3) is seeing strong...
Buy above 112.55. Stop loss at 112.00. Take profit at 114.00. Reason for the trading strategy (technically): We remain bullish above major support at 112.55 (Fibonacci projection, multiple horizontal swing low supports) and we expect to see price make a bounce above this level towards 114.00 resistance (Fibonacci retracement, recent swing high resistance,...
on a break of 113.20 a long position could be possible. The next major resistance is at 113.75
looking for a break out of the channel at 115.8, a retest and continued bullish move.
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112.867 marks the 50MA and 50% retracement of the 2015-2016 decline, moving from previous resistance to future support Trumps conference yesterday due to focus on fiscal side caused a sell off in usd, prepare positions for the next leg. Please see related ideas to see accuracy in this pair, best of luck and please thumbs up!
2 different possibilites. a test and break fail at the 113.15 zone which would send UJ bullish up to the 114.3 zone or a break below 113 with a retest from the bottom side and a bearish move down to 112. For a short position you will want to see a break of the trend line on momentum as well which would open up the bottom side for a nice 100 pip short position.
potential buy @ 114.193 simple gartley If you check on the daily chart you can see a support level coming in at this buy opportunity as well. :)
WAVE 2 DONE NEXT TARGET BETWEEN 121 TO 122 STOP BY BREAK 112 AREA
This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... more detailed stats (all 21 Major Cross-Rates) of 1st week 2017 @ my GOOGLE Drive drive.google.com Best regards :) Aaron