I think USDJPY will rise to resistance level at 81.79.
4H downtrend line was broken and retested so I think it is going to go upward.
What is more RSI is around 50 so it is not overbought.
Good luck
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I think USDJPY will rise to resistance level at 81.79.
4H downtrend line was broken and retested so I think it is going to go upward.
What is more RSI is around 50 so it is not overbought.
Good luck
still continue to fight rising prices. the price of trying to penetrate the line ema62 d1.
always cautious, because prices can form a sideway trend.
all positions are still valid, we just watch it.
http://i1123.photobucket.com/albums/...0115-59-01.png
buy two positions are floting profit,
I think the trend is still up,
so for now I leave all of these positions is open until tomorrow.
http://i1123.photobucket.com/albums/...0116-06-15.png
Overall the price is not trending, making a lot of false breakout/breakdown between 79.70 –82.20 range area. Aggressive intraday traders can still long around 80.00 – 79.55 with tight stop loss below 79.55 or short around 82.20 also with tight stop loss.
Resistance Level : 82.20, 82.60, 83.45
Support Level : 80.00, 79.55, 79.00
Trading Range : 79.70 – 82.20
Trend : Neutral
smua position is still valid, we are just waiting for the price moves up
and gives us a lot of profit.
turns almost all pairs bouncing on line ema.
This can be a learning for us all.
http://i1123.photobucket.com/albums/...0116-02-19.png
buy two positions have seen profit,
trend of trying to get past the line ema62d1.
prices seem to still hold up.
I will leave the position floting until tomorrow morning.
http://i1123.photobucket.com/albums/...0115-44-53.png
http://i55.tinypic.com/2h5qog9.gif
right time now this pair at top line of bb and up trend line see the chart. i think now this pair go doen.
first tp is - 80.86
a very big defeat. result in very big news in these pairs.
tf we look at candle on d1, still inside the lines sma5daily.
if tomorrow candle made it out of line, it's a sign we need to cut losses.
http://i1123.photobucket.com/albums/...0115-47-49.png
whether the trend can be changed by the news nfp? we 'll see, after the close prices below the sma5,
then that means the trend has turned down. because the price was still in between the lines sma5,
then there are still opportunities for the UP, and change a loss into a profit position.
http://i1123.photobucket.com/albums/...0117-49-52.png