Pivot Zone - 4135/4122 Open or bid above 4135 will send the market to 4150, bids above send the market to 4160, bids above send us to around 4183. Bids above 4183 could send us to 4200. Open or bid below 4122 will send the market to 4115, bids below send the market to 4096, bids below send us to 4070 and, perhaps below.
Bids or open above the pivot zone will send the market to one of the resistances above. Bid or open below the pivot zone will send the market to one of the supports below. As always, use caution when executing trades-- the market can turn at any minute or chop as we have seen the past few trading sessions.
Open or bids below the pivot zone will send the market to the supports below. Open or bids above the pivot zone will send the market to the resistances above. Like yesterday, be mindful of reversals at the supports or resistances. Use proper risk management when executing and managing trades.
Open above the pivot zone will send the market to the resistances to the upside. Open or bid below pivot zone will send the market to supports below. As always, use discretion when executing your trades.
Open or bid above the pivot zone will send the market to the upside resistances shown. Open or bid below the pivot zone will send the market to the downside supports. As always, trade at your own discretion.
Open or bid above the pivot will send the market to levels denoted above. Open or bid below the pivot will send the market to levels denoted below. As always, use discretion when entering the market. Be mindful of the levels and rejection of those levels whichever way the market may be headed.
Open or bid above the pivot will send the market to the resistance points. Open or bid below will send the market to the support points below. Use discretion at or near open. Be mindful of rejections at points noted in the chart.
The yen has been on an absolute tear this week. I'm expecting price to keep pushing down to the mid 160's indicated by the green box at the bottom of the chart. If the mid 160's break, expect price to consolidate and push further down.
Open above pivot zone will send the market to resistance shown in red on the charts. Open below pivot zone will send the market to supports below. Alway be disciplined. Never chase or hold on hope. Follow the plan.
For today I have a pivot zone defined between the range of 3960 and 3940. Open above 3960 will send the market to one, or all, resistance points above. Open below 3940 will send the market to one, or all supports below. As always, exercise caution when executing a trade and do not chase if you miss an entry. Opening within the pivot is grounds for sitting on...
Breaking of the upward trendline with a previous close below provides a short opportunity to at least the pivot point of 0.7. A close below the pivot will result in tps of .692 (S1) .687 (S2) and .679 (S3) - depending on the strength of the downtrend and candlestick confluences
Retest of the latest pivot provides a good short opportunity to at least S1.