Bearish Gartley completed, waiting for the right price action to enter Entry: 117.434 SL: 117.92 (-49) TP1: 116.90 (+53) TP2: 116.73 (+69) TP3: 116.57 (+86)
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) 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
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) 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
Take care & analyzed it again - it`s always your decission ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Above 114 USDJPY is bullish once again !!! 114.87 USDJPY 1st support line - even buying option 114.77 USDJPY 2nd support line - even buying option 114.06 USDJPY 3rd support line - even buying option I am excepting a exhaling at the beginning of next week - after this cross-rates run away today :) I excepted an outbreak at weekstart on next trading day -...
okay with all the rally the DXY did today, it failed to make higher high on USDJPY. what we have here is a classic broken trendline which has been retested today. lets see how it goes !
short : 104.13 stop : 104.50 take profit : 103.15 R/r ratio : 2.57
GOOD POSITION BEARISH DRAGON
AS SEEN ON PREVIOUS MARKET ACTIVITY, PRICE HAS CONSOLIDATED A IN BEARISH FORMATION. MY IDEA IS THAT PRICE CONTINUE TO CONSOLIDATE IN THIS STRUCTURE AND WILL FALL FROM THE 102.800 PRICE LEVEL OR ON HITTING THE 103.800 LEVEL. EITHER WAY, THERE ARE A GOOD 150 PIPS PROFIT WAITING TO BE TAKE ON THE USDJPY.
USDJPY has risen to the top of a price channel that's been going on for many months. Odds are that it will drop from this level.
30 Min. Chart. Probably Short. Stop at 103.4. Primary target : 102.55 Condition: Snapping close below trend. Discarding: Price above 103.35. www.fxstreet.com www.fxstreet.com
Last week bulls tried to make a recovery and pull price up from support and past the next support but failed. Bears were able to hold the 38.2 retracement as well as well as bringing price back down into major support area (101). as price continued into this area we can see it touch the demand zone and make another reversal up but bears once again were able to...
Will the downtrend continue with a back to back bearish flag? Flag has formed, wait for breakout confirmation to enter the short. The trend is your friend