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...
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...
I hold a point:Good charts does not more words to explain! Good luck!
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...
I hold a point:Good charts does not more words to explain! Good luck!
I hold a point:Good charts does not more words to explain! Good luck!
The price rejected by strong key level. I do expect price rebound either to TP1 or TP2. I will take both TPs. Good Luck. prntscr.com TAYOR
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...
The pair forming a 100 pips range between 113 and 114 Range entry strategy Long at the bottom and short at the top of the range Long entry valid around 113 @ ST support Short entry valid around 114 @ ST resistance Stop outside the extreme zones
Sell below 113.95. Stop loss at 114.95. Take profit at 112.56. Reason for the trading strategy (technically): We remain bearish below 113.95 resistance (Fibonacci retracement, horizontal resistance) for a drop down to 112.56 support (Fibonacci retracement, horizontal overlap support). Stochastic (21,5,3) is seeing strong resistance below the 94% level.
Buy above 112.60. Stop loss at 111.35. Take profit at 115.30. Reason for the trading strategy: USDJPY has bounced nicely off our support at 111.35 previously. We now remain bullish above 112.60 support (Fibonacci retracement, horizontal overlap support) for a further push up to 115.31 resistance (Fibonacci retracement, horizontal overlap resistance). RSI (34)...
Last UJ trade that I experiment with new transitions would hit SL. I remake formula and get new levels. Giving this a one more try with new levels. Reasons. Gold reach XO90 possible pullback key level. UJ does the same. UJ Testback transition. UJ is in falling wedge? UJ make double bottom? Not tech expert as I am not tech trader, mostly doing my stuff, but added...
Buy above 111.35. Stop loss at 110.10. Take profit at 113.15. Reason for the trading strategy (technically): We remain bullish above 111.35 support (major Fibonacci retracement, horizontal overlap support, Fibonacci projection) for a push up to at least 113.15 resistance (Fibonacci retracement, swing high resistance). Stochastic (21,5,3) is seeing strong support...
Buy above 111.35. Stop loss at 110.10. Take profit at 113.15. Reason for the trading strategy (technically): We buy one last time above 111.35 support (major Fibonacci retracement, horizontal overlap support, Fibonacci projection) for a push up to at least 113.15 resistance (Fibonacci retracement, swing high resistance). Stochastic (21,5,3) is seeing strong...
Buy above 112.55. Stop loss at 112.00. Take profit at 114.00. Reason for the trading strategy (technically): We remain bullish above major support at 112.55 (Fibonacci projection, multiple horizontal swing low supports) and we expect to see price make a bounce above this level towards 114.00 resistance (Fibonacci retracement, recent swing high resistance,...
NFP should create highs and lows in between the two blue arrows I have placed on the chart providing a few good opportunities to trade UJ