Badreddineluis
price is targeting the blue zone after breaking 50EMA and trendline
look to buy this pair .. no matter how u engage the market ride it to the upside
bullish momentum formed a wedge wich is broken now after overshooting it .also price broke the major trendline..when price raises to the blue zone be careful of market makers ;)
wait for Price action then sell a reversal
this pair could continue to fall after retesting the black lines and the broken trend
could see a 3.800 if price print clear price action confirmation otherwise we look to short according to the 61.8 retracement from previous high
just hit the damn sell button ill tell u later why
the first target acts like a magnet for price ..so watch for some pattern on lower time frames and short
i'm completely bearish on this pair.. if u are in a short position just hold it..
technicaly price printed a bear flag after retesting previous structure and now its consolidating until it breaks down.. 23 & 38 fib retracement overlapped in the blue line, so it most likely to break down the flag to the next structure. numerically price formed a bearish circle from A targeting D from C or even 0.5 of AB leg but its too hard to break the c...
4 levels has overlaped in the same price wich is pretty strong to turn the price down, after 600pips price printed a reversal pattern (head and shoulders) once the price break the neck line we go short. first target about 138.500 the second 130.000.
Usdjpy aftrer downtrend and strong resis breakout will continue to go up after retracement ,,