MaryJane

TP reached -Pair @ Longterm MoB

FX_IDC:AUDEUR   AUSTRALIAN DOLLAR / EURO
23 0 7
These days we have reached my TP and the longterm Support = MoBUpdate:PAIR @ its Make or Break Level again!
snapshot
https://www.tradingview.com/chart/USDJPY/tcBVbpNT-Announced-Flag-Trade-filled-LONG/

Today the Pair reached the MoB again. My former Analysis is still valid!

Former analysis:
PAIR @ its Make or Break Level
snapshot
The shs             didn`t appear. The Pair reached a very interesting Level @ 0,6545: This is corresponding to the last LOW ("2") and the DIP at the 17.12.2014. This should be a MoB-Level. Trading below that Level means a strong shortsignal with target @ 0,6445/ 0,6320.
Thios Level should be a shortterm suppot so i exspect a pullback move to ist 38,2 fibo at 0,6633.

former Analysis: Will the possible shs             break the downtrend?
If we have a "cyclical swing-view", the next wave should be a downwave.
Will the possible shs break  the downtrend?


Trading above the last valid "3" generates a shortterm-buyinig-Signal.
If the shortterm uptrend will break at the actual Level and makes a "maximal" correction to the 0,618 fibo, a right shoulder can be formed. This is then the Level to watch. Every Price below this Level @ 0,6635 would generate shortsignals with TP1:_ 0,6535 TP2: 0,64


United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out