USDJPY Pull back to 61.8 fibo ratio and fill the gap Buy now SL: 111.973 TP: 112.568
Watching CERS tomorrow for a continuation move towards the May 4th gap. CERS has had strong momentum recently after its very successful earnings call. Look for the move over 4 to 4.20, be careful of a $4 rejection. Looking for 10-20c. Im in from a previous position at 3.72.
I see a Short Set up and my tp is the 35 pip gap, uj is on an uptrend so its best to buy but the BOS on the hr tf shows retracement.
Interesting trading idea on eurjpy... closing the weekly gap up
I would like point out few important things I found on the chart. We witnessed 3 major waves (not Elliot's) during the past year. Every wave finished with nice spike yellow circles. Every wave correction finished before or very close to Fibonacci level 14.6%. Every time it get close to this level double or even tripe bottom was formed which I marked with blue...
Pair is bouncing from the GAP on Daily chart and created triple bottom. It is qquite possible that the pair will try to reach 2000. Target between 1500 and 2000 is quite reasonable
Hey traders, On the USDJPY daily timeframe we also have a gap, which was actually formed a week before the gap on the EUR/USD did. Looking to buy when the gap gets closed. Cheers
Pair is currently trading in channel between 9000 and 8750. 9000 is quite psychological level and it is creating support/resistance combined with 50% Fibonacci retracement and GAP on daily from 2016 support/resistance are is very solid. It is clearly visible that Market is respecting this area. I marked important pull-backs with circles. My TP area is set just...
Hey traders, On the EURUSD we are finally filling the gap that took place 2 months ago, been waiting for this setup ever since, so I hope it was worth the wait :) Cheers
I marked with Yellow rectangles GAP from daily intervals and with circle very nice rejection and pull back after GAP acted as nice support area. It is pending order and I'm waiting for pair to go higher so the trade will have good risk/reward ration. Current price gives us around 1.5.
GBPCHF SHORT Cypher and Gap SL 1.3170 TP 1.3075 1.3035 and more
Old gap covered + Price fighting 0.50% fibonacci from the last big drop. Pair interesting to follow.
EUR / USD Two gaps should be filled. See the previous weekly chart.
After a fall, price has recovered with a gap and a big bullish candle.
There are few important things to mention Last push was stopped by second important GAP which is clearly visible on the chart.Pair is rejected continuously for the last week or so. It seems to me that 2000 is playing role here as another psychological number which holds pair steady also there are some possibilities to consider. - Pair will try to move with full...
EUR / USD One gap has already filled in my previous chart, but we see other at the bottom and know that property of GAP is return to the same point.