Actually the EU situation is critical concerning the COVID context.
The European Central Bank wont change anything about policy parameters.
All decision will be made on December.
Actually, the price is under 1.17, the next step is 1.16 . if the 1.16 is broken so im waiting for a return at 1.13.
I'm still waiting for a bullish move, after a retest of the support around 1.7755 even if the RSI and Stochastic show a down trend.
The ichimoku base line is still above the MA50 and compare to the USD/CAD ... it could be a good signification to continue the up trend
after a valid ABCD pattern the trend is bearish !
today no big move but i'm waiting for it for a continuation of bearish trend !
We can see an hidden divergence + symetrical triangle + RSI Under the 50 !
i hope it will reach the 61.8 fibo at 105.140
Nice trade and day !!
yesterday the USD JPY reached the 1.618 fibo ! i was waiting for that ! now the ABCD pattern is completed !
This night the PRZ was tested and we can see a beautifull rejection on the H1 chart and H4 chart ! So the trend is actually changing and you can short it !
Maybe the price is going to retest near the...
Patience is the key of succes ! 1.618 reached !
Now we have to wait i see what will happen after this veru bullished day !
the USD became a refuge value ! while the EUR USD is crashing hardly !
have a nice day !!
this is an idea of position you could take if you want = LONG ONE !
nice ABCD pattern 0.382/2.618 with the same distance !
on the H1 chart we can se that the price is rejected = waiting for the PRZ get tested !
Nice risk reward ratio !
have a nice trade !!
im actually expecting a bullish move today for the USD JPY wich is very strong this Week !
we have a beautiful pull&back on the H1 chart !
Actually im waiting for a strong move if the price react to the "symetrical triangle" i hope it will go to the 110.000 minimum or reach the 1.618 fibo (110.558)
For me no...
im still in the game with my open long position.
tonight the price was Under the 61.8 fibo and this Morning the price rebound on it perfetcly ! we can see that on the H1 chart and also a nice rejection on H4 chart !
i hope it will reach 107.830 minimum !
have a nice day and trade
Actually im in a long position ! waiting to reach the 61.8 fibo at 107.209 ! And why not wait for a continuation at 108.540.
for now back to basics : i hope that the H4 candle will stay like now a nice doji or hammer ?
we will se =))