These are the FUTURE dates for HKDJPY with the highest probability for experiencing a price
swing high or low. Apply your own indicator(s) to determine the price swing direction.
These are the FUTURE dates for HKDJPY with the highest probability for experiencing a
price swing high or low. Apply your own indicator(s) to determine the price swing direction.
TP = 14.41427 hit as the 1W Channel Up (RSI = 56.437, MACD = 0.090, B/BP = 0.2883) rose to a 14.6150 Higher High. The price has since pulled back in order to price a new Lower Low, which should be near 14.200 (Highs/Lows = 0.0000). We will be going long on HKDJPY with TP = 14.600.
HKDJPY is rising having made a Higher Low on the long term 1W Channel Up (RSI = 59.227, MACD = 0.035, Highs/Lows = 0.0546, B/BP = 0.1578). We expect to crosse the pivot (blue dotted line) swiftly as the buying pressure on 1D (RSI = 60.972, overbought on 3) accelerates. Consequently we are going long, TP = 14.41427 (previous Higher High) and 14.51650 (potential new...
HKDJPY is currently testing the 14.19330 Resistance on the 1D Rectangle (MACD = 0.029, Highs/Lows = 0.0662, B/BP = 0.1221). Initiating a short, TP = 13.93664.
Trading method: RSADVANTAGE Stage 5, accurate system manually forward tested over 3 years designed to stay out of ranging markets and only target strong trends suited for swing trading. This system is made of custom adaptive volume indicators and Oscillators that properly detect trends very early and provides exit signals at dynamic S/R zones once the trend has...
HKDJPY the market has reached a triple top. Therefore it's time to sell. but wait for that support level indicated as a green horizontal line. make a SL at the top of the final two tops.
The Hong Kong Dollar has formed a channel down against the Japanese Yen in force since early July.
The rate failed to reach the lower boundary of the channel down during its last wave south, suggesting that the sentiment may soon change in favour of bulls. A confirmation of this move could be provided when the rate moves above the 55-, 100– and 200-hour SMAs...
The Hong Kong Dollar has weakened considerably against the Japanese Yen. Its latest fall started mid-July and resulted in the formation of a channel down. Moreover, the pair is likewise trading in a minor symmetrical triangle. The exchange rate, however, failed to reach the upper boundary of the latter in its last surge and consequently returned back at its...
HKD/JPY 4H Chart: Channel Down
The Hong Kong Dollar is depreciating against the Japanese Yen simultaneously in medium-term and short-term descending channels.
The junior pattern represents a second rebound of the currency exchange rate from the upper trend-line of the senior formation.
It seems that in the early Wednesday morning the pair has already...
I like trading this on the short side down to the trend line, it could break but why bother. Just get the easy pips to the trendline. If it breaks wait for a retest and hope back in.
