Sell below 114.95. Stop loss ta 116.15. Take profit at 111.70. Reason for the trading strategy: Price has shot up and reached our profit target perfectly. We now look to sell below major resistance at 114.95 (Fibonacci extension, horizontal resistance, descending resistance, Fibonacci retracement) for a push down to 111.70 support (Fibonacci extension,...
Sell below 114.25. Stop loss at 114.97. Take profit at 112.90. Reason for the trading strategy (technically): Price has dropped from our selling area really nicely. We remain bearish below 114.25 resistance for a further push down to 112.90 support (Fibonacci retracement, horizontal overlap support) as we also tighten our stop loss to 114.97 to protect our...
-usdjpy has been rejected at critical resistance level. its not the end of the uj long but a short term retracement is needed first
I am expecting a drop here let me explain to your guys the reasons. .Compression Zone .Price too expensive to buy .Price Holding At Certain Level .Triangle Compression Good Luck Regards MJ (usd/jpy)
Sell below 114.25. Stop loss at 114.97. Take profit at 112.90. Reason for the trading strategy (technically): Price is testing major resistance at 114.25 (Fibonacci retracement, horizontal resistance) where we expect a reaction from and a drop to at least 112.90 support (Fibonacci retracement, horizontal overlap support). RSI (34) is seeing major resistance at...
Possible Retrace on UJ. Temporary TOP ( target ) reached! oy!
We see first 100 PIPS up and than 150 PIPS down. We are open both sides but in the given range
Buy above 111.35. Stop loss at 110.35. Take profit at 113.80. Reason for the trading strategy: We remain bullish above 111.35 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support) for a push up to 113.80 resistance (Fibonacci retracement, horizontal swing high resistance). RSI (34) is approaching strong support at 36% and also sees...
Price is coming to a daily support zone, from previous formation. Waiting for price to either do one of two things, first come up to .382 or .236 fib level and than look for an entry to continue to the downside. The second is wait for a clear break of the daily support for continuation to the next daily support level. Get updated through our telegram! Click to...
Previous Idea I test software with small XO 90 level. That worked out nice. But I mention this in update: There is a lot more stronger XO level more downward so this is just a test of newly discovered levels. Now UJ drop to main XO90 and as well this level from classy tech analysis aspect provide double bottom. So as I am still testing the software let's...
Sell below 114.03. Stop loss at 114.43. Take profit at 113.05. Reason for the trading strategy (technically): Price has bounced up and reached our profit target perfectly. We prepare to turn bearish below 114.03 resistance (Fibonacci retracement, horizontal overlap resistance) for a push down to 113.05 support (Fibonacci retracement, horizontal...
Buy above 112.59. Stop loss at 112.29. Take profit at 113.49. Reason for the trading strategy (technically): We remain bullish above 112.59 support (Fibonacci retracement, Fibonacci extension, horizontal overlap support) for a push up to 113.49 resistance (Fibonacci retracement, horizontal overlap resistance). Stochastic (21,5,3) is seeing strong support above...
Buy above 113.06. Stop loss at 112.58. Take profit at 113.82. Reason for the trading strategy (technically): Price has dropped perfectly and reached our profit target from yesterday. We now turn bullish above 113.06 support (Fibonacci retracement, horizontal support) for a push up towards 113.82 resistance (Fibonacci retracement, horizontal overlap...
Sell below 114.56. Stop loss at 114.95. Take profit at 113.22. Reason for the trading strategy (technically): We look to sell at 114.56 resistance (Fibonacci retracement, Fibonacci projection) for a push down to 113.22 support (Fibonacci retracement, horizontal support). Stochastic (21,5,3) is seeing major resistance below the 94% level and also displays bearish...