Yahia.Awes
Short

Picture perfect?

FX:EURJPY   Euro / Japanese Yen
124 8 9
  • 0.5 Fib-retracement
  • Bearish divergence in both histogram and macd-lines
  • Downternd channel resistance
  • Potential completion right shoulder
  • MACD also showing pattern

The only thing I am scared of is that this could be a bullflag. But we have to wait untill rejection.
Bigger picture shows bullflag, carefull and monitor well!
Reply
Tested channel again and got rejected. This is a good second leg position or re-entry.
Reply
Yahia.Awes Yahia.Awes
Also this is a clear bearflag.
Reply
Not bad. Still valid.
Reply
74 views 3 likes hmm.. 300 pips so far so good, looks like people click the like button selectively without checking someones idea at all.. :D
Reply
Power of channel in combination with divergence and patterns.
Reply
I agree with you. There is a construction of the figure's head and shoulders. I expect a sharp downward movement on Monday. 200-300 points. Perhaps the gap will again.
+1 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out