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time frame- h1
the price is moving at the pivot point it is break but not hold its up movement and try to falling down side. it is also make a double bottom pattern and the neck line is at the 96.90. so if this resistance line is break we can long with next resistance take profit at the 97.80
Hi,,
in the chart 1h we can see the pair will go to up way in the future
I see the pair will go to 98.50
I expect from this analyze that the price will go to up way
so buy from 97.17 to 98.50
good luck
http://www6.0zz0.com/2013/06/03/22/370341327.png
the pair in 1h broke the down trend to up way
the pair trade above moving 50
stochastic refers to up way
most indicators refer to up way
so buy and our stop loss 96.80
elliott elongated flat correction down 95.67 there is bearish potential for a fall to 96.11 - 95.51 while 96.71 - 97.04 resist after this fall a recovery up to 97.04 or 97.36 is expected
today i buy this pair @ 96.76
my stop loss of the day @ 96.50
half take profit @ 97.00
and half @ 97.41
Aud/jpy analysis for 06.04.2013 by using pivot indicator.
r3: 98.49
r2: 97.83
r1: 97.51
pivot: 96.85
s1: 96.53
s2: 95.87
s3: 95.55
time frame- h4
the price is hold at the 96.00 and move to up side but it is rejected from the 97.25 and move down side. it will try to break the pivot point at 96.85 and again hit the support at the 96.53. we can long the pair with the target 97.83
Hi,,
in the chart 1h we can see the pair will go to up way in the future
I see the pair will go to 97.78
I expect from this analyze that the price will go to up way
so buy from 96.70 to 97.78
good luck
Pivot levels today:
R3: 98.41
R2: 97.89
R1: 97.20
PP: 96.68
S1: 95.99
S2: 95.46
S3: 94.78
Comment: Price now is below the daily and weekly pivot levels, also it is below the 55 SMA, so more fall is expected.
Forecast: Price may fall to 94.78.
Receive a divergence on the daily chart today and therefore entry already caused this morning ... Tip for this experiment is the monthly level space round pivot 8680 ... Good luck