The "SlowStoch" was crossed in a over bought level in correct timing, however, the price did not positively move to North with reasonable power and space, compared with previous movement rhythms, which foresee the previous plan could be incorrect. Exit the long order trade at that moment could be correct decision.
The price retracted back to origional break out position, but it is still staying outside the long term up trend channel, the up trend channel bottom line works as pressure line now. SlowStoch is in over bought level and RSI touched the middle level which works as pressure line now. The movement is matching the timming and it could start the third wave to South...
The price has retracted to previous support line, which works as pressure line now. In long term, it is still inside a down trend channel and the price has touched the down trend channel top line area. SlowStoch is in over bought level in 16 hours time frame. Try to open short orders and continue short JPY pairs in long term. It could start the third wave to...
It looks the CAD/JPY or other Japan Pairs has divergence pattern shown up between real price movement and RSI. CAD/JPY was showing more clear divergency scenarios in daily time frame. There could be multiple Cypher Patterns generated in CAD/JPY. The price just touched a long term pressure level, and tried to break out to North, but now it is going back below the...
The price has touched the long term big sideway channel bottom line area. There are some support in this area, so the price is wondering in this bottom area. The RSI and Stoch RSI indicators in 16 Hours timeframe are showing divergence pattern. I predicate the price would go to North and the idea take profit area is the big side way channel top line area on Feb...
The price has moved out from the long term down trend channel top channel line and a short term triangle pattern. Further, inside the long term down trend channel, it has completed a five wave movement. So It could start a break out to North. The middle term ideal take profit area would be the 0.618 retraction level at 2024 May. If the price moving back to...
In 4 hours time frame, the price movement actively responses to over sold and over bought signals in RSI and SlowStoch indicators. The SlowStoch already crossed in a over sold level in 4 hours time frame, but RSI is turned to North and it does not touch over sold level. It is possible the price will start significant sideway movement for a while. Try sideway...
The price would break down the long term up trend channel bottom line. The fifth wave has finished and start the down trend in long term. Based on previous 5 waves up movement, the previous drop down was back to the #2 support point, the current movement idea target position could be 130.75 around 2024 Feb
The price is touched the side way channel top line area and turned to South. The timing predicate it could be a cypher pattern C point touched and start to move to D point in long term. In monthly time frame, there would be shooting start generated soon (end of month) Try to open short order and short term target is the side way channel bottom line area. In long...
The price is moving inside one big long term up trend channel and two short term down trend channels. There is one shooting star got generated in 2 hours time frame. Try to open short order and the target position is in the up trend channel bottom line area and further, the down trend channel bottom line area.
The price is moving inside two potential side way channels. Looking for side way trade in these two side way channels. Enter short orders in two channels' top line areas and target positions would be in these two side way channels' bottom line areas.
The price is running inside two potential side way channels. Stoch is running with a static rhythm. Try to entry long in multiple positions based on two channel's bottom line area and target positions would be in two channel's top line area.
In short term, the price is moving inside a up trend channel. It is closing to the channel bottom line area. RSI and Stoch in 1 hour time frame both touched the over sold level, crossed and turned to North, timing is in a well Resonance. Try to open long order in multiple entry positions. Target is up trend channel top line are.
The price has touched a big sideway channel top line area but cannot continue breaking out to North. In short term, the price try to break out the short term up trend line to South. It could be timing for moving to South and the target take profit area is the side way channel bottom line area. Further, the EUR/JPY continue to North could be another evidence...
Similar as long GBP/USD, current market is positive. The price has break out the short term down trend line to North. The price could be touched a big up trend channel bottom line area. Try to open long order and the target take profit area would be the up trend channel top line area which is crossed by previous top line.
The price touched the short term side way top channel line area. The Stoch RSI crossed in over bought level in daily time frame. In short term, looking for price retracted back to the side way bottom channel area, in long term, looking for a butterfly pattern D leg.
The price moved out from the up trend channel bottom line, and break out to south from a short term support line. It go back to the long term big side way channel. Try to open short order and target take profit area is the side way channel bottom line area around Nov 16 to Nov 27, 2023.
The price has moved out from the first up trend line and will be moved out from the second up trend line. The fifth wave to North cannot be continue. The Stoch RSI indicator in Daily time frame is staying in over sold level, crossed and crossed again, means the power is staying in negative. Try to short EURJPY and the target place is the big long term channel...