stabilizing above 141.97 will support rising to touch 143.02 then 144.69 then 146.62 stabilizing under 141.97 will support falling to touch 140.25 and then 138.83 the condition is closing 4h candle under 141.97 Resistance prices: 143.02 & 144.69 & 146.62 Support prices: 140.25 & 138.83 & 137.55 timeframe:4H
Buying is the best in pullback , presently price is on the road of pull-back. HL- 106.9 nearby bottom of this pullback. The price can start to move new impulsive wave upward. Waves picture on 4hrs chart TF:- The (C) is target level after pullback at (B) Don't Forget to FOLLOW and LIKES. Last updated was:
Break-Down Alarm :106.967 Break-Up Alarm : 107.876 Let's think about this logically :- A break out requires a surge of 1.5x volume than average volume. Too much surged volume, would force prices higher/lower quickly, so great care is taken. Put the Alert point of price rotation. The Price will go away too far from Price Rotatio n...
Currently this asset is on a strong move to the upside however it will soon hit a strong resistance roof,so patience is key,but when it does stall and the sellers step in,the support trend lines plotted will act as first round confirmations of the move to the downside on this asset
USDJPY above support potencial upside continuation Trade in chart
described as figure above
USDJPY > Key Levels > 10/15-20/17 Timeframe: 1W Pair still signals bullish trend strength in mid-term, with loss in momentum within longer-term range. Averaging price within 111.000 to 113.000 range while expecting strong support @ 111.58 level. Firm break and hold above 113.45 resistance possible rise to 114.00/50 levels. Firm break and hold below 111.58...
1. a descending triangle continuations pattern is forming here looking for a sell on the breakout trade successfully !!!