Shun-Jiru

Shun-Jiru

one of two possible scenarios... It will either rebound off 1.120, but will most likely rebound off 1.1238 then fall to 1.1087 Long Now... TP @ 1.1238 Short ... @ 1.1238 Lim @ 1.1087 Possibly Now until Friday.

Shun-Jiru

Long since 119.32 TP1 at 120.40 TP2 at 120.66 TP3 at 120.80 I'll probably lim at 120.50 to be safe... the triangle is powerful and might deny the bat to form because it is outside the triangle.

Shun-Jiru

It's so hard to see any harmonics on EU, but I thought this was kind of funny... it's a Reverse Bullish Gartley pattern just draw the harmonics backwards starting from Right to Left. Not sure if it'll work.

Shun-Jiru

So we have 3 different scenarios here... Bull Gartley (Green) Bull Cypher (Yellow) Bear Butterfly (Blue) Here I will long position until the Bull Gartley @ C which is around 120.40. If it starts to do a trend reversal then I will Short and target 119.40 If it passes 120.40 then the next target will be between 120.66 to 120.80 at the top of the trendline...

Shun-Jiru

I just published this so I can repost on Akil's post. It officially broke all upward moment trendlines... it's officially down trend. Target at 1.096... my Trade point will be based off tomorrow's news.

Shun-Jiru

I don't trade EUSD, but I figure I'd write something about this. Looks like a good short It tested the top of the trend line... and now it will go back down to the bottom trend line. I think a target of 1.092 is easily accomplished. I will target 1.086 as it will approach this resistance. Possibly break through and reach a lower target.

Shun-Jiru

Traders are indecisive right now wiggling around 30 pips. I think it's trying to find a new pair. UJ is moving exactly the same as EUSD. Traders will be playing it safe for now and wait for the next big move. Strong resistance level at 124.55 and we saw it bounce back up at that resistance time and time again for the past 48 hours. EUSD is also behaving the...

Shun-Jiru

UJ is on a down trend right now. I suppose it's going to be the last leg of the Elliot Wave and Consolidating towards 120.70, but I think it'll stop at 121.40 and then Bullish uptrend. Any thoughts?

Shun-Jiru

Looks Bearish, however overall trend says Bullish. Hard to say. 2 ways to go about this... work within the trend line (green - consolidation) or complete the gartley pattern (blue) and then go bullish (red). I think it'll follow the green path more than the gartley pattern.

Shun-Jiru

Forgive me I am no good at drawing graphs, but I'm getting better. It looked like a Elliot wave when I first saw it reach (1) and then (2). Wave C is going to be the last leg before it goes up bull again. Well have to see it short down to 122 before it jumps back up to 124~125 area. I would love to Long right now for 5 months down the line. I'd give it...

Shun-Jiru

Jobless claims was better than expected. We will see a another jump towards 125, most likely by the end of next week. We have NFP announcement tomorrow. As the range becomes more narrower as it reaches the apex, there's a high possibility of another bullish uptrend. It has been rallying before it reaches the apex. So maybe tomorrow might be the start of a big...

Shun-Jiru

I have a trend line that dates back in April 2013. I'm too unfamiliar with Trading View so I use freestockcharts.com for my ideas because it has more tools that fits my style. Anyways I think it's going to start retracing soon and then shoot towards 127? It probably won't hit 127 and hover around 125. What do you think?

Shun-Jiru

So now we hit the 121/123 pair I think it would be interesting to see if it will break the top resistance at 123. This bullish breakout was long overdue. The top trend line is a parallel line from the support line back in Dec 16th 2014

Shun-Jiru

Not sure if I did this correctly, but it looks like a Fuzzy Bullish Gartley Pattern. 2 opportunities to go bullish. Today we had the news that Obama was authorized for the TPP fast-track by the senate. We will see it going Bull sometime soon. Elliot waves still show it's cold and bearish we'll have to wait and see. Going to be exciting the next couple of weeks.

Shun-Jiru

So it broke two different trend lines. I'm guessing it'll stop at 123.

Shun-Jiru

Going back to my prediction back in January. We have 3 symmetrical triangles here. One at April 30th, the GDP Economic Report. May 18th Triangle. End of May Triangle. I'm expecting a strong Bullish Trend. GDP report is going to turn out good, jobs increase, housing sale increase, export stunted due to port crisis, but coming back strong with a fast...

Shun-Jiru

I thought it was going to break out a couple weeks ago when it jumped to the new pair 119 - 122, but it looks like the Nikkei index is doing good so hopefully it's going to stay quiet for awhile. MACD / Exp moving Avg 9 says we're on a down trend so I'm keeping my fingers crossed and hoping to see it go back down to 117 Other than that I don't think we're...

Shun-Jiru

Sorry this is my first post... and I screwed up with the big arrow. The every day range is big, but the movement will fall within the range of 116 to 121 This trend is similar to that Dec 16 to Jan 15. This overall trend that started Dec 5 is the same trend as June 17 2013 to Oct 31 2013 and from Oct 31 2013 to June 29 2014 My assumption is that it will dance...