nmike
Short

A huge weekly Trix negative divergence playing out.

FX:EURJPY   Euro Fx/Japanese Yen
975 6 24
Bearish candle stick action             below the 34ma and bearish indicators point to further downside for EURJPY             . I placed on the chart the next 3 downside levels including the bottom of the band. Confirmation of further downside is the Trix14 and or Fisher 34 falling below mid point. For sample set ups on this system see link below.
Nice chart Mike
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nmike MOD HamadaMark
+1 Reply
...what a nice bull run after breaking R1 trend line
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....support / resistance playing out well, after rejection at R1 price fell back to S1 and then S2
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...from S1 to R1 resistance...nice!
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