date Pair S1 R1 S2 Trend
4/20/2019 AUDJPY 79.884 80.700 8.537 UP TREND
WAIT FOR PRICE TO PUllBACK to 79.884 level LOOKING FOR A CHANCE TO buy: 20PIP STOP LOSS, 60 PIP TAKE PROFIT, MOVE STOP LOSS TO 10-20 PIP PROFIT WHEN PRICE IS 25PIP IN PROFIT.
DATE PAIR SUPPORT RESISTANCE MID S&R
4/15/2019 USDJPY 110.165 112.138 111.24
4 HOUR TREND
UP TREND WITH DOUBLE TOP AT 112.138
1H SELL AT RESISTANCE AFTER ENGULFING CANDLE CLOSE, WITH 20 PIP STOP CLEARING ABOVE RESISTANCE.
Dollar yen has ended 2018 with a Hail Marry to the down side, possibly signaling the momentum and direction for the 1st quarter of 2019.
1st play of the year, appears to be a deep pullback after hitting a major support and resistance zone. We could easily see price pullback and try to regain the 4000+ yardage lost in December, but with this pair...
Hey guys, looking at basic price action and fractals. I feel as if we have a prime opportunity for a short position. looking to take profits at 77.69.
Using Fractals we can clearly identify bearish trend following lower highs and lower lows. Connecting our lower highs using the angle trend line we can now gauge the strength of the trend any angle between 30 and 45...