LuckyStrike

LuckyStrike

Expect a nice long reversal in the next few hours.!!! Hope u enjoy yours pips!!!

LuckyStrike

a nice bullish pennant in 1 hour chart

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REVERSAL TARGET AT 1.38 AREA

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short reversal near

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Is GE heading for a big drop???

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Nice flag forming in the 1 hour chart...this chart comes in continuation with the 2 previous 4 hour charts.

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Another chart pattern confirming the uprise.We have a top symmetrical triangle with 200 pips width.This is a confirmation to previous chart posted.Target the same at 136.4

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In the four hour chart we can see the resistance (green line ) has been broken and can now head its target to 136,4.Also, daily chart indicators head north...

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Target 135.6-135.9....Indicators start to reverse to upside....Also, 1 hour chart falling flag in an uptrend which confirms the fib expansion levels...

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Looks like a reverse head and shoulder....Target at 132.2

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can the eur/jpy make a new high at 135.100? well it seems so to my opinion since indicators make new higher lows and their isnt any divergence at highs. The next resistance for the pair seems to be around 132.8 and then the sky is clear.

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WE EXPECT A BREAK AROUND 72-73 AND A TARGET TO 82-83....

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IF WE HAVE A BREAK FROM THE RED LINE (RESISTANCE) WE EXPECT A RISE OF ABOUT 10 (POLE FLAG). EXPECTED BREAK AROUND 72-73

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1.If the eur/jpy bounces off the 38.2% level we except a rise up to 134.400 2.If the eur/jpy bounces off 50% level we ecept a rise up to 134.00 3. If the eur/jpy bounces off the 61.8% level we except a rise up to 133.600

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Positions for long: 1. If retracement goes to 129.96 we except a rise to 132.17 2.If retracement goes to 129.40 we except a rise to 131.6 3.If retracement goes to 129.16 we except a rise to 131.36

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There is a flag forming, we go long wait for confirmation from indicators.

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Rising wedge bearish Lots of divergence.Stoch almost overbought.We wait for entry (short) when at least 2 of following indicators cross their resistance lines. MFI,CCI,MACD(GOES NEGATIVE) or ADX (-di crosses +di). Also possible target prices near 69.5 (o.5 fib retracement) and if we break the above level we go for 68 (0.618 fib retracement).If we have a break of...

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Waiting to see if we have a partial pullback or not.For tommorow we expect a drop since we have a bearish engulfing pattern at the last two candlestics.If the decline stops at the 0.236 fib then we might go for the upward.If the price moves near the0.618 retracement we have a partial pullback and we place the buy position there.We wait and see.