Just a continuation of rejection last two weeks. this supply zone is clear. our target is this trend
Recent fundamental analysis suggests that the yen will strengthen soon and may be for this year. Technical analysis shows us a high probability of what's next for the next quarter. But this is just an idea. TF D1 : Squeeze on this uptrend + test on orderbloc zone begining of breaker bloc on H1 + Divergence with RSI on D1 confirmed on H1 by breaking level...
the previous low month is not tested yet on this temporary bearish trend. after that it's probably continue with a little correction. we wait the next after.
It's just an idea for next month. All levels are interesting.
just an idea for next month for this pair. fundamental analysis should be confimed that direction
just an idea for next month. this zone contains an intersting range of rpice for shorting.
This is just an idea for next month evolution. After taking liquidity in that zone, market would be bearish.
after the rejection at point A, break of the support in the middle of August to go down to point B then try to do a pull back
Following the bull trend testing last high is most probabble the stop loss is near kijun on H1 timeframe the force line confirm this trend
just an idea after the price rebound at 1819.25 then fill in the previous gap with the break of the resistance at 2046.30 we take the TP 1 => 2166.85 TP 2 => 2215.80 TP 3 => 2400.35 over the next few months
after confirmation of this month's SSB breakout we take the TP1 after the SSB pull back became resistance we continue the descent on the different profits (at least TP2)
Wave theory: at the breakout of the last high (1.07866) we buy with TP1 = 1.08988
breakout of support last low with ichimoku: - chikou comes out of the cloud - the price is below the other 4 lines
5 signals : appearance of the twist tenkan and kinjun golden cross tenkan up chikou comes out of the prize the price closed at outside the cloud objectif : next resistance
The underlying trend shows us the rise of the pound against the yen.