Cenotaph

Cenotaph Updated 

Bearish div, price action not able to breach resistance of the R1 monthly pivot. If price also break this trend support line, take this short till the monthly pivot line at around 78.5

Cenotaph Updated 

Price is at strong support level, if we get some more buying power here. Take this trade till the next resistance area around weekly R2

Cenotaph Updated 

This pair has met long term trend resistance at around 146 price level where it bounced off. There's div as well that signifies likely reversal. Enter early as shown, or wait for it to break the next trend support line. Tomorrow Brexit related news that can strengthen yen due to uncertainty. Good trading all

Cenotaph Updated 

Daily candles show buying rejection at the R3 monthly resistance pivot. Once we get a clear lower low, enter until the R1 Pivot level where it meets support from the last swing high. Be aware of the news later today when entering(!) Good weekend all!

Cenotaph Updated 

Retest of previous channel forming here. If there's a break of this trend support. Take this short and TP at around weekly S1

Cenotaph Updated 

Good buying early this week already, on break of trend resistance enter till the next strong resistance zone around R1 weekly pivot

Cenotaph Updated 

On the swiss yen there's a drop looming, break of this trend support should kick things off. Also watch other yen pairs this week. For the pairs; CADJPY, GBPJPY, NZDJPY and USDJPY there are similar setups forming this week. At the end of this week, CPI for the yen currency(!)

Cenotaph Updated 

Watch this trend line, we have a slight bearish div. On break of trend support here enter and TP around R1 weekly pivot. Watch out for CAD CPI tomorrow(!)

Cenotaph Updated 

Support at Pivot holds, likely the up move from (5) means we'll get a break of the channel. AB=CD suggest a TP around R2 price level. Be aware of resistance levels in between, nothing is 100% Good weekend!

Cenotaph Updated 

There's a slight divergence at this price level, on the daily there's been good buying rejection. IF we get a break of R1 weekly pivot support, go short till R2 monthly support. Between R2 monthly and weekly pivot, a reversal can be expected. Good trading all!

Cenotaph Updated 

Underlying div, and bounce on major support level. Enter till monthly pivot for TP. Good weekend all!

Cenotaph Updated 

(IF) On break of trend support and P pivot line support, enter this short for a good 1:2.7 RR.

Cenotaph Updated 

That bounce at S1 will continue, around monthly P line is tough resistance, keep an eye out.

Cenotaph Updated 

Still bullish sentiment for this pair, trade the channel up Friday early there's CPI for JPY(!)

Cenotaph Updated 

Bullish sentiment is still there and If price breaks this resistance at S2, buy towards Pivot line to complete the W.

Cenotaph Updated 

Seeing short moves on many yen pairs forming. Here's 4 idea's for probable short setups on AUDYEN, EURYEN, USDYEN and CADJPY For one of them to be valid they will need to break their support structure. Tomorrow is EUR Rate decision(!)

Cenotaph Updated 

Confluence of resistance, R2 and long term channel. If price break structure support. take this short till around Pivot level. Be aware of USD CPI later today(!)

Cenotaph Updated 

S1 marked the bounce on long term trend support, buy the break of the short term trend resistance. Be aware, Tomorrow CAD Rate decision and on Thursday there's ECB Rate decision news