So as the parallel line appeared and Has hit the bottom,all we do is long. let's go
So as you can see the chart GBPJPY is in the parallel line for now even though there was very strong dip. What we can say about this is that,Be careful when you short and Personally i will start shorting after 143.259line got broken down. BUT for now i am looking more forward about making long position after the break out of 145.00 clearly. 145.00 line is very...
As you can see the price has been going down rapidly since last week from the point where 128.00,FIBO level of 61.8 and 200MA meets up. We can assume that It is looking like first wave of Bearish move but at the same time we can doubt it since the price has been rebounded at 124.00. It is in Range for now but we can assume that it is drawing H&S as the...
So as the bull trend going on. I assume that monday will be some dips to go up more and next target is 149.500. make sure we buy cheap and sell high. In case the H&S form,It can be turning point since 148.00 is strong line.
111.127 above woulld be space where no resistance stays. Hopefully it breaks out and make somemove! after breaking out the next target will be 111.50.
So as you can see the market is now in consolidation. But once the price break out 126.00 it will be bullish and the price will run toward 126.50
So as you can see it is moving along with the parallel line which indicates the downtrend. as the price move up to touch the upper trendline i believe it is time to short but when the price breaks out it is turning into bullish.
So as EURJPY formed H&S we should short it but only when it breaks the neckline 124.18
So it is going to be bullish the moment price break out 21300 and will jumo till 21500 in order to reach the Fibonacci line 22000
So as you guys can see,the parallel line is present in USDJPY(greenline) Last Friday the line was broke down but i'm assuming that once the price goes back in this parallel line.You can tell that it is bullish again. personally if it is bullish i will buy after the price break out 110.654 till 111.00
So as the price,0.672 is very strong support sell after it hit there and make some return move.
sell the break out of this triangle. TP at 140.772. try tp fast as possible since there are lot of things coming up next week.
buy the break out of THIS H&S. tp at 1.121 but wait for 45 mins to see if it breaks out. if it successfully break out,tp at 1.11
Short USDJPY when the price breaks out of the pennant. TP at 109.00
So as CADJPY formed H&S below the strong line 84.00 it is time to short. Right now it is making right shoulder so very nice timing. TP81.50
Last week,Price has hit the trendline(pinklline) and rebounded VERY quickly which indicates the trend conversion. Entry after the inverse H&S formation.
So as you can see the gold has broke out Very strong resistance 1300 line and about last Friday,The price has hit 1300 and went up Which confirms the BULL trend. Long it and till 1330 line.