d.vezeris
Long

USDJPY 4H (17.08.2014) Technical Analysis Training EMA

FX:USDJPY   U.S. Dollar / Japanese Yen
295 views
2
295 2
This week we will see the EMA (50,100,200) and MACD , RSI for various diagrams.

The USDJPY 4h Diagram Technical Analysis Training shows the following:

After a great decline, the pair stopped on EMA 100 and 1.618 of fib and reacted to EMA 50 resistance. MACD turn bearish and RSI is neutral.

The pair is on a bull market as EMA 50 is above EMA 100 that is above EMA 200.

So if the pair on Monday breaches the EMA 50 long for previous high retest at 102.6 and then for 102.8 (2.618 of fib).
Stop loss 1.618 of fib @ 102.242 (wait to stabilizes under it for 4h and watch in this scenario the EMA 100 support)
thanks dimitris i believed in the future we share some ideas or thoughts
Reply
Yes of course. That's why I think this portal is about to share ideas.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out