EURUSD 05 December 2016
As we can see EURUSD already reach descending triangle support level, small correction as uptrend will happen this week, before it reach biggest downtrend target at 2001 and 2002 support level.
To find out the best sell position, stoploss and profit target, we need to look deep technical ...
EURBRL November 2016
the bear roar from march 2016 and break 0.618 suport level. Are this pair are hopeless for bullish?
at daily chart, we can see euro vs brazillian real already break channel down at november 11
and failed to break support level at october 25
this level also a good support for brazillian real at ...
as we can see at October 18 this pair break up channel down pattern, and create a new pattern.
With smaller timeline, we can see a new channel down almost end. If this small channel break, bullish setup at :
opening : 1.2232
Stop loss : 1.2168 (64 pips)
Take profit at : 1.2378 (146 pips)
R/r ratio : 2.33
USDJPY October 24 Outlook and weekly forex analysis
As we can see, descending triangle pattern already perform since last October 12 on USD/JPY, as long as this pattern not break, play inside this pattern will be a perfect idea.
In short position, stoploss above pattern resistance, and in long position stoploss ...
EURUSD October 24 outlook
Let's analyze what will happen on EURUSD, especially on this week. As we can see this pair still in down trend, maybe buy is not a good option trade. If you wanna buy in this pair, use a stoploss and open at right support level.
There is two major forex pattern in EURUSD, channel down ...
At resistance channel its best opening for bearish to follow the trend. Bearish target at any price at support trendline with Stop level above bullish key level or at 0.8090.
If bullish keylevel break up, reverse order and take long position with target 0.8400. and stop level at 0.8032. (risk/reward ratio ...
English : Right now USDTRY stuck at 0.382 fibonacci (july 2014 low) and also as 61.8 (oct 2014 low).
We can take bullish position using risk/reward ratio 8 with SL at new low at 2.2133 and profit target at 2.2969 at fibonacci 1.272.
If support level break down and success perform new low, bearish will continue ...
HISTORY WILL REPEATS IT SELF (request analysis from esene)
English : It is very interesting to see a repetition of history at USDTRY , not only for the bullish trendline, but also happening on break up once every two years in april, and highest level reach every end of January or february
If this trendline break ...
English : Still no bearish sign at this pair, bullish will continue to reach target at 122.83 this week.
If uptrendline break down, bearish target at support level at 119.20
Indonesian : Masih belum ada tanda bearish pada pair ini, bullish akan berlanjut kelevel 122.83.
Apabila terjadi break trendline, maka ...