JPYUSD huge ascending triangle on weekly chart
If we see for long term prospective the trend is bearish . it has to come down a lot . but it will fall down with lot of ups and down . for short term -> can long upto max 111.477 but take care it can rebound back from 110732 and strong sell can be seen . if it breaks 109.702 then short the pair. take care of 108.797 strong area can long and get some...
The relatively easier gains in the pair have been made and it should get much harder to make progress from here on out even if the signals via the DXY and US fixed income continue to support the buying on dips campaigns based on the universal 5-DMA upward slopes we are seeing. The acceleration from Friday stopped on its tracks around the 109.80, with the close...
- I apologize for the chart formatting, TradingView needs to add a preview button and allow chart manipulation during a preview stage. I'm using multiple monitors and the charts looks great until it gets published... I feel like any bearish sentiment will be wildly unpopular, however the technicals indicate that ETH may be on the brink of slipping into a bearish...
Once again, the pair saw a vigorous rejection away from a key area of support circa 112.20-30. The correlations continue to provide with clear selling signals as both the risk profile and the US vs JP yield spread keep deteriorating dramatically, suggesting a fair value of sub 110.00 in USD/JPY. The absorption out of the daily chart is notable, but with sellers...
Previous target level / area was achieved. This weeks plan: Expecting the base of last weeks LO's to hold and make moves upwards towards the area between 144.10 and 144.50. All depending on if 143.00 or higher can act as support. With the momentum needed for this move up, there may even be enough to reach the 146.00 level (Bonus). Million Dollar Tip: If you're...
JPY/USD 2H CHART SE ESPERA UN ALZA EN LAS PRÓXIMAS HORAS, SE ESPERA QUE EL ALZA SIGA LA DIRECCIÓN DE LA FLECHAS.
Friday at the close there was an attempt to break up but instead it got rejected and sold of. Now that trend line have been broken and we got a sell signal on the 4H candle as well. If we open around the current price i might short it with a half size and wait and see how things go first. We can still see a retest of that former support line. I want to see that...
going to start its retracement for the retracement OF one month time frame AFTER WHICH A TRIANGLE PATTERN IS FORMED SO WHICH EVER SIDE IS BREAKING OUT WE MIGHT TRAVEL IN THE DIRECTION
We successfully broke the range downwards, expecting a retrace to retest the level that sent us to the previous highs, and the range low, while targeting one of those previous lows. There's probably some nice liquidity resting below those lows. Original idea by Svarog
Pivot I'm watching to convince me we are going to see downside expansion. Currently below low timeframe level of engulfed demand shown in chart below Follow for Daily FX and Crypto ideas and educational content. Original idea by Ribz
The Samurai are planning a surprise attack on Dixie. So we have: - A few highs resting just below a significant breaker (or just plain broken support that should now be resistance), creating a liquidity pool just above them (everyone who went short around this level now probably has their stops above that high. - Void left by the inefficient move down -...
Technical Analysis and Outlook The Yen finished slightly higher coming from of Mean Support 111.7 7 while progressing to major Key Support 109.54 , as well as Currency Dip 109.80 , while the upside re-performing Dead-Cat-Bounce to Mean Resistance 112.82 is very unlikely.
Here we publish signals of the indicator called “Ranger” . It was developed by our experts for intraday trading purposes. This indicator is based on statistical analysis of the data and provides information about possible maximum/minimum values of the day (just right after the day has started) with certain probabilities. What does this information give to the...