First signal completed - A break and close above of DTL.
Second signal pending - A break of the highlighted box range.
Initial target is 124.490 @ possible resistance level
Overall target is 125.00
Price Action has rejected the descending trend line with a nice 4h spinning top. Awaiting confirmation on the next candle for a short opportunity down to monthly support currently resting @ 1.27
GN has been in a bearish channel for several weeks now, after exiting its bullish channel.
Price is currently at channel resistance, given the right Price action a tight stop can be used here to short with targets of 2.24
Given the channel resistance holds, I will watch how price reacts around my 2.24 target. As my overall target for this pair is monthly support...
UJ is currently range bound 118.5 & 121.5.
Thursdays daily candle closed as a hammer, facing rejecting off of the ascending trend line
and the support level 118.5. An aggressive long could have been taken here. For a more conservative entry the Fridays close completed the morning star candlestick pattern.
A break of the upper TL will confirm bullish momentum with...