usd/chf We watch until the support breaksHi guys,
We watch until the support breaks at @0.99470 and We were buying
Good luck guys
Anticipatory
USD/JPY :Strong buying opportunityHi guys, this is my analytical day for USD JPY
*****
SL and Tp Explained in the analysis
If you like the analysis, enter your deal and if you do not like it, go away from it
Short EURJPY on the breakdown of the SupportSame play as i posted before on the 4hr chart but this time on a smaller timeframe. (attached in the related links)
Same rationale as well as there is clear selling pressure building from the triangle/wedge pattern from the last few days.
Expected price target for this play is 130.90
30 Days OutlookAnnotations on the chart.
This is an update of my last chart "Anticipatory layout with important trend lines, levels, time fibs"
Anticipatory layout with important trend lines, levels, timefibsWe might be cought in sideways within the red channel for another 20 days.
I look at the Willy or MAGNUS™ indicator and compare it to a similar situation we had a couple months ago.
The yellow box had some rangebound action in it with a little breakdown in the middle ( just like we had it now ).
The question is what will happen after the yellow box? The red box like last time?
Then we will definitelly see 280 again.
Or if 320 holds (looks like some strong demand is sitting there),
we'll see another pump like seen in the last green box !
Also check out the time fib analysis :
0.382 & 0.618 were important points in time, so 1 will probably be important too! Likely a major low/high in price.
The target for a bullish move is the thick blue dashed line, which is this years top resistance trend line. You can expect sellers there.
