coolj69

coolj69

ON THE WEEKLY, PRICE HAS BROKEN OUT OF AN ASCENDING CHANNEL AND IS CURRENTLY RETESTING THE LOWER TRENDLINE FOR A BIGGER SHORT MOVEMENT.

coolj69

PRICE IS IN AN ASCENDING WEDGE ON THE WEEKLY PRICE PREVIOUSLY BROKE THE 134500 LEVEL TO TEST THE TREND LINE AND NOW ITS HEADING IN THAT DIRECTION AGAIN THERE ISA MINOR RESISTANCE IN THE 132500 AREA THAT HAS BEEN TESTED 4 TIMES. i WILL BE WAITING FOR PRICE TO BREAK OUT OF THE RESISTANCE AND HIT THE 132800 LEVEL BEFORE GOING LONG ON THIS PAIR OR I WILL JUST...

coolj69

ON THE WEEKLY PRICE JUST BROKE OUT OF THE RISING WEDGE AND IS CURRENTLY DOING A PULL BACK FOR A BEARISH MOVEMENT TO THE 125 LEVEL. ON THE DAILY CHART, PRICE IS IN A TEXTBOOK DESCENDING TRIANGLE ON THE 4HR CHART, THERE IS AN INTERSECTION OF THE RESISTANCE AND A TRENDLINE AT THE 150 LEVEL, i AM HOPING PRICE WILL GET TO THAT LEVEL AND THEN TURN BACK WARDS. I...

coolj69 Updated 

ON THE WEEKLY PRICE IS IN A CHANNEL AND IS IN THE OVERSOLD AREA RSI IS OVERSOLD ON THE 4HR CHART, THERE IS A DESCENDING CHANNEL. i HAVE SET A RING FOR THE 1.711 LEVEL. i WILL GO SHORT ONCE PRICE ENTERS THAT LEVEL.

coolj69

ON THE WEEKLY CHART, PRICE BROKE OUT FROM THE ASCENDING WEDGE AND IS CURRENTLY DOING A PULLBACK FOR THE BIG MOVE ON THE DAILY PRICE BROKE OUT OF THE ASCENDING WEDGE (WHICH IS THE PULL BACK ON THE WEEKLY) AND HAS GONE INTO CONSOLIDATION i AM EXPECTING PRICE TO BREAK OUT OF THE BOX AND THEN i WILL SHORT THIS PAIR. MY EYES ARE ON THE 1.5700 AREA.

coolj69

BULLISH PENNANT ON THE WEEKLY AND DAILY ANTICIPATING A BREAK TO THE UPSIDE PRICE APPEARS TO HAVE ALREADY BROKEN EXPECTING PRICE TO BREAK THE LITTLE CONSOLIDATION ON THE 4HR CHART TO GO LONG. EYES ON THE 85.800

coolj69

PRICE IS IN CONSOLIDATION

coolj69

SELL

coolj69

dROPING PANTIES

coolj69

ITS GON DROPP PANTIES

coolj69

If the ascending trendline holds, I would be looking to short this pair, but if it breaks, I would be going long.

coolj69

WATCH PRICE

coolj69

wATCHING TO SEE WHAT PRICE DOES

coolj69

IF PRICE BOUNCES OFF THE TREND LINE, THEN PRICE WOULD GO UP, BUT i WOULD GO BEARISH IF I SEE PRICE BREAK THE TREND LINE AND THE SUPPORT ZONE.

coolj69

lOOKING TO SEE HOW PRICE REACTS

coolj69

WATCH PRICE

coolj69

WATCHING ZONES

coolj69

EURJPY looks like its going to the 125.126 zone and then down to the weekly trendline at 121.619 zone