Buy above 111.31. Stop loss at 110.45. Take profit at 113.06. Reason for the trading strategy (technically): Price has made a retracement to its entry level and looks set for another bounce for a further push up. We remain bullish looking to buy above 111.32 support (Fibonacci retracement, horizontal pullback support) for a further push up to at least 113.06...
Sell below 109.66. Stop loss at 108.23. Take profit at 110.40. Reason for the trading strategy (technically): Price has dropped strongly towards our profit target. We remain bearish below 109.66 resistance (Fibonacci retracement, horizontal overlap resistance, for a further push down to at least 108.23 support (Fibonacci extension, horizontal swing low...
Sell below 110.66. Stop loss at 111.25. Take profit at 108.23. Reason for the trading strategy (technically): Price has dropped perfectly from our selling area as expected and is on track to reaching our profit target. We remain bearish below 110.66 resistance (Fibonacci retracement, horizontal overlap resistance, descending resistance) for a further push down...
Sell below 110.60. Stop loss at 112.20. Take profit at 108.15. Reason for the trading strategy: Price has dropped perfectly from last week and reached our profit target. We remain bearish looking for price to drop further below 110.60 resistance (Fibonacci retracement, long term descending resistance, horizontal overlap resistance) towards 108.15 support...
Sell below 110.66. Stop loss at 111.25. Take profit at 109.14. Reason for the trading strategy (technically): Price has bounced up perfectly and reached our profit target. We now turn bearish with new elements coming into play. We look to sell below 110.66 resistance (Fibonacci retracement, horizontal overlap resistance, descending resistance) for a push down to...
We wish that our precise signals could be favorable on your trades. Its an update for USD/JPY, Forecast for PRICE BREAKOUT, BUY on 111.525 and place your TARGET at 111.925
Sell below 114.07. Stop loss at 114.77. Take profit at 112.90. Reason for the trading strategy (technically): Price continues to drop nicely from our selling area. We remain bearish below 140.07 resistance (Fibonacci retracement, horizontal overlap resistance). We also tighten our stop loss to 114.77 to protect our profits. Profit target is at 112.90 support...
Buy above 112.58. Stop loss at 112.21. Take profit at 113.75. Reason for the trading strategy (technically): Price has dropped perfectly and reached our profit target from yesterday. We turn bullish above 112.58 support (Fibonacci retracement, Fibonacci projection, horizontal overlap support) for a push up to 113.75 resistance (Fibonacci retracement, horizontal...
Buy above 111.35. Stop loss at 110.10. Take profit at 113.15. Reason for the trading strategy (technically): We remain bullish 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 support...
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