BREAKOUT EURJPY TRENDLINE AND MOVING AVERAGE LETS GO DOWN EURJPY
- HIT DAILY SUPPORT (RESPECTED) - WILL SEE IF IT HITS THE SECOND TP - TREND HAS CHANGED TO BULLISH TENDENCYS - BROKE 1HR TREND LINE TO THE UPSIDE. 2% on this trade.
This would be my first PO this week for EJ. Daily momentum still STRONG BEARISH. Price find higher position before continue his trend. I wish mine is right. Happy Trading..
Sell below 121.09. Stop loss at 121.86. Take profit at 119.65. Reason for the trading strategy (technically): We remain bearish below 121.09 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to 119.65 support (Fibonacci extension, horizontal support, recent swing low support). Stochastic (34,5,3) has reacted off our 92% resistance...
We expect the price will move upwards in the long term weekly technical analysis. Take Entry @ 123.30 Take Profit @ 128.20 Stop Loss @ 112.61
We believe that the price will zig zag between 119.90 and 121.20 and than fall
Buy above 119.62. Stop loss at 118.63. Take profit at 121.08. Reason for the trading strategy (technically): Price held at our buying level perfectly yesterday. We remain bullish above 119.65 support (major horizontal support, Fibonacci retracement, EURUSD positive correlation) for a push up to 121.08 resistance (Fibonacci retracement, horizontal pullback...
We expect the price will reach 122.30 before going down. TP: 122.30 SL: 120.50
There is an uptrend. Open price - 123.194, TP - 123.496, SL - 122.794
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Morning guys, Glad we all managed to make some on the eurusd trade yesterday at 1.08298, with the ECB offering a bazooka purchasing bonds with a minimum one year maturity including those with yields below deposit rate (-40bps). EURUSD has begun its move toward parity in coming months, most likely before the French Elections. If anything the ECB policy meeting...
We have 2 options for this trade: Plan A: Waiting for 1-2 more bearish signals to short High Risk to Reward Ratio Plan B: Continue with the trend The price breaks the resistance zone, wait for pullback and go for long :)
yen will gain on eur on temporary basis by this week or maybe until next week...
We have a big trend line stretching as far as January 2016 which finally broke yesterday. we might have a small pull back before our setup is ready. buy whenever you feel it fits your strategy....