Buy above 132.01. Stop loss at 130.45. Take profit at 134.15. Reason for the trading strategy (technically): Price is starting to bounce nicely from our buying area. We remain bullish looking to buy above major support at 132.01 (Fibonacci retracement, horizontal overlap support, Fibonacci extension, bullish divergence) for a push up to 134.15 resistance...
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Buy above 132.01. Stop loss at 130.45. Take profit at 134.15. Reason for the trading strategy (technically): Price has dropped absolutely perfectly from our selling area and has reached our profit target. We now prepare to buy above major support at 132.01 (Fibonacci retracement, horizontal overlap support, Fibonacci extension) for a push up to 134.15 resistance...
Sell below 134.15. Stop loss at 134.92. Take profit at 132.01. Reason for the trading strategy (technically): Price continues to test our major resistance at 134.15 (Fibonacci extension, horizontal swing high resistance) and we expect to see a drop form this level to at least 132.01 support (Fibonacci retracement, horizontal pullback support). Do take note of...
Sell below 134.15. Stop loss at 134.92. Take profit at 132.01. Reason for the trading strategy (technically): Price continues to test major channel resistance and we look to sell below this level of resistance (Swing high resistance, channel resistance, Fibonacci extension) for a short term correction to at least 132.01 support (Fibonacci retracement, horizontal...
Sell below 134.15. Stop loss at 134.92. Take profit at 132.01. Reason for the trading strategy (technically): Price is testing major channel resistance and we look to sell below this level of resistance (Swing high resistance, channel resistance, Fibonacci extension) for a short term correction to at least 132.01 support (Fibonacci retracement, horizontal...
Price has reached to the strong level and I think needs to have retracement. Good Luck :)
Eurjpy weekly review of our analysis ,, Weight of evidence 1 : Monthly resistance area 2; Fibonacci area 61.8% area 3: Eliiot wave ,wave 3 bcz his 5 subwave close here and start wave 4 from here going down to 125 area and then going up Guys if you like then subcribe and like Good luck
Sell below 133.19. Stop loss at 133.87. Take profit at 131.73. Reason for the trading strategy (technically): Price is testing major resistance at 133.19 (Fibonacci extension, horizontal swing high resistance) and we expect a strong reaction from this level to push price down to at least 131.73 support (Fibonacci retracement, horizontal pullback support) once...
Sell below 131.96. Stop loss at 132.40. Take profit at 130.71. Reason for the trading strategy (technically): Price is reversing very nicely below major resistance at 131.96 (Fibonacci extension, Elliott wave theory) and we expect a strong reaction from this level to push price down to at least 130.71 support (Fibonacci retracement, Fibonacci extension,...
Sell below 131.96. Stop loss at 132.40. Take profit at 130.71. Reason for the trading strategy (technically): Price is reversing very nicely below major resistance at 131.96 (Fibonacci extension, Elliott wave theory) and we expect a strong reaction from this level to push price down to at least 130.71 support (Fibonacci retracement, Fibonacci extension,...
Sell below 131.65. Stop loss at 131.99. take profit at 130.41. Reason for the trading strategy (technically): Price is approaching major resistance at 131.65 (Fibonacci extension, horizontal swing high resistance) and we expect a strong reaction off that level to push price down to at least 130.41 support (Fibonacci retracement, fibonacci extension). Stochastic...
Sell below 130.64. Stop loss at 131.15. Take profit at 129.37. Reason for the trading strategy (technically): Price has bounced up perfectly and reached our profit target. We prepare to sell once again on major resistance at 130.64 (Fibonacci extension, Fibonacci retracement, horizontal swing high resistance) for a strong push down to at least 129.37 support...
Buy above 129.34. Stop loss at 128.44. Take profit at 130.66. Reason for the trading strategy (technically): Price has dropped perfectly to our profit target as expected. We prepare to buy above major support at 129.34 (Fibonacci extension, horizontal swing low support, Fibonacci retracement) for a push up to at least 130.66 resistance (Fibonacci retracement,...
Sell below 130.93. Stop loss at 131.43. Take profit at 129.32. Reason for the trading strategy (technically): We remain bearish looking to sell on strength below 130.93 resistance (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) for a strong push down to at least 12932 support (Fibonacci extension, horizontal swing low...
Sell below 130.04. Stop loss at 130.72. Take profit at 129.13. Reason for the trading strategy (technically): Price has shot up and reached our profit target really nicely. We prepare to sell below major resistance at 130.04 (Fibonacci retracement, horizontal overlap resistance) for a push down to at least 129.13 support (Fibonacci retracement, Fibonacci...
Buy above 129.13. Stop loss at 128.46. Take profit at 130.04. Reason for the trading strategy (technically): Price is approaching major support at 129.13 (Fibonacci retracement, horizontal overlap support) and we expect to see a bounce above this level to push price up to at least 130.04 resistance (Fibonacci retracement, horizontal overlap...
Sell below 130.87. Stop loss at 131.41. Take profit at 130.04. Reason for the trading strategy (technically): Price has dropped perfectly to our profit target. We remain bearish below 130.87 resistance (Fibonacci retracement, horizontal overlap resistance, Fibonacci extension) and we expect a strong reaction from this level to push price down to 130.04 support...