FJTrading

FJTrading Aug 10, 2017

Price action is bearish right now, stochastic on overbought, waiting for a cross of %D on %K, RSI at 61.20, price action may reversal to 50 period EMA if it closes bearish right now, price action is currently at prior resistance zones.

FJTrading Aug 9, 2017

LL to HH is 38.2% also it coincides with EMA of 100 periods, RSI reaching Oversold condition, buy zone between the orange rectangle, SL below 50% ret and TP at prior support.

FJTrading Jun 21, 2017

There is a Bullish Bat, but the interesting thing here is that a Bullish Butterfly developed at CD leg of Bat Pattern, i guess that the minimum profit level is 1.00390, but the max sl is at 0.99750, i expect that this pair rally at least up to 1.00660, if price broke the blue rectangle, then i would enter as short, because it signals that it may broke major...

FJTrading May 28, 2017

Bullish Bat, PRZ I placed a buy limit at 0.74035, if one candle closes below PRZ, then the trade might be invalidated and it should be traded with caution.

FJTrading May 18, 2017

We got a bearish bat setup, the confirmation for it would be a close below the blue rectangle with prior candlestick patterns, however, if candles broke the blue rectangle, i'm going to place a buy at X point. It's a nice risk reward setup, if we place a sell, it's stop loss would be at X point and it's minimum TP at 1.0680, at even more confirmation signal but...

FJTrading Updated  May 11, 2017

There is a AUDJPY bat in formation, price reacted weel to 88.6% of XA also is converging with the trendline, we look to short at current price, Initial Profit Objective is at lower trendline, fast trendline management is required if it breaks the trendline

FJTrading Updated  Apr 19, 2017

Extreme bullish harmonic impulse wave within a 88.6% retracement of 0-X leg, i think AUDUSD may reversal at 0.7496 zone, it's a good risk reward ratio, it need a CONFIRMATION first, confirmation will be RSI crossing 30 level, Min SL will be low of RSI confirmation candle, if there are not those conditions SIGNAL would be INVALID

FJTrading Apr 17, 2017

Possible BAT PATTERN structure, TP1 set at 38.2% of AD legs, possible TP2 at trendline bounce, if not, we'll wait until EMA cross, also waiting for RSI OB Cond at 70

FJTrading Apr 3, 2017

I see an harmonic support of prior failed bat pattern, it broke a resistance and created an harmonic support, D point of an AB=CD ends at that specific zone, bullish trend ond AUDCHF is strong, B touched RSI, if D touches again RSI it would be a RSI BAMM also, so i look a very very nice opportunity to trade right here