Wait for price actions @ 112 price level. 112 price is a psychological level 2.618 Fibo Level Strong Support RSI and MACD are still in a long position
Guys , I share my secret strategy with you , You buy at 101.50 to 101.90 area , , 1st tp is 106.80 , When it retrace to 104.30 or 104.50 level again buy opportunity and Tp 2 is 111.00, SL IS 99.90, it`s long term trade Remember Patience is the key to success
Can easily run up to 115.5. As always, will be watching price action closely.
Hi fellow traders, Some considerable levels for USDJPY we have described on the chart for the next weeks and months, take a look at the chart for your info. Moreover just check the link beneath at our signature to read the details thereof. Trade well! m2m
There are a number of ways we could count this move up right now, This could just be an BAC correction up and we go lower to new lows before heading higher. I think the pair is headed for that 135.00 area so for now I am going with the idea that wave 3 is nearing an end and a wave 4 is about to take place. Another bullish option is the nested 1-2 count and we...
This is my own prediction so if you too feel so you can like me.
If price breaks out of coning uptrend hopefully price will fall to retrace back to previous S/R level? Is current break out false?...
4 strong bullish trend bars appeared and reach the resistance zone near 106.6xx. If another bullish trend bar appeared, time to long and enjoy the 1:3.5 R/R Trade!
what am i looking at right now on uj feedback is highly appreciated this is my first eliot wave. not sure about the pattern the 61.8 B point is a railroad tracks so im not sure if its valid.
Good afternoon Traders, I hope you are all enjoying your weekend, many of you have been asking my views on the election results - seeing as I have many followers who are Trump supporters, i would like to start by congratulating you guys on the W. Marginally I thought he was the better candidate, not that I thought either were great.. in the same breathe the...
We are looking to establish long positions on the USDJPY pair as the U.S. Presidential election is looming. Our baseline scenario is that Hilary Clinton will be the new President of the United States. We see this development as a positive for the U.S. dollar and as such we expect that the global reserve currency will rally across the board. The closest big support...
will wait till Wednesday to make a decision right now i have a bullish perspective maybe price will touch 10272 then jump back up.
The USDJPY pair just made a trend change ; it has been confirmed at the beginning of the week. For the past 12 months, USDJPY was in a fast downside trend, losing approximately 20%. But once it has reached the very strong psychological level of 100Y for 1$, we have noticed a change in the bearish dynamic. After three bounces at this price (now Major support...
Possible selling opportunity on USDJPY. Selling because neutral or dovish NFP report tomorrow. Expecting USD downward momentum continue after Trump news and JPY safe heaven effect.
Further downfall until the elections. Potential support level 101900. It has been previous resistance and it is half way though the previous consolidation area. Next move upwards to 103400 -it has shown resistance so far and consolidation between 103400 and 102700. Then it will continue its upward move.
We have seen the USDJPY losing ground in recent trade as Donald Trump is surging in the polls. We are likely to experience some consolidation before the move lower continues amid a tightening US election. We are looking towards 104.00 to establish short positions on the USDJPY targeting the base in the 103.20 area.
Hi traders, here we have a deep Gartley formation that is almost completing in 4hr chart. I'm very interested in this opportunity because the completion is near to a daily structure level (black line), and also we have a psychological number supporting us. In addition to this, a deep Gartley gives us always a nice risk to reward ratio. My levels are: Entry:...