the bulls was so near that supply 87.82. With this look of course, just wait and see is still better idea to take and then pay attention for probably price pullback down better action, I see.
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the bulls was so near that supply 87.82. With this look of course, just wait and see is still better idea to take and then pay attention for probably price pullback down better action, I see.
On the Hourly chart, price is above the 12 EMA (red) and 72 EMA (blue) indicates the trend is still up
50 RSI is above 50 indicates the trend is still up
Recommendation: BUY
Take profitt: 88.58
SL: 87.47
एक मजबूत रैली देखा है इस जोड़ी को अपनी गुरुवार घाटा उलट और आने वाले दिनों में अधिक लाभ के लिए दरवाजा खोला.यह विकास इस जोड़ी ने 89.00 स्तर को लक्षित, वहाँ 89.50 स्तर की ओर अधिक ऊपर और फिर 90.00 स्तर के लिए जिस तरह फ़र्श के उल्लंघन के साथ मनोरोगी स्तर छोड़ देता है. इसके अलावा बाहर, प्रतिरोध 90.50 के स्तर पर बना रहता है.
Price USD \ JPY continues to grow very strongly ... and you can see that with such a strong trend is very cool work breakdown of resistance ... the price is usually made double-triple top ... and then swung and goes even higher ... so that's closing weeks, we also drew a similar formation ... so my opinion is needed to fly above the ...
हमें विश्वास है कि वापस खींचने के लिए खरीद के अवसरों की पेशकश करेगा, और है कि हम 90 संभाल अंततः.कर कहा है कि, वहाँ वापस 85 हैंडल भरा है, तो एक वापस खींचने के लिए कुछ हद तक गंभीर हो सकता है की जरूरत पर एक अंतर है. बहरहाल, हम इस जोड़ी नहीं बेच रहे हैं और मौजूदा कीमतों के नीचे कुछ सहायक मोमबत्ती खरीद की जाएगी.
seen clearly resistant stop right price, I would wait for confirmation from the next candle to determine trade W1 which I will do.
if, subsequent bearish candle and candle cover the last bull, so my mood is sell
Spoiler:
Today(7-1-13 ) pivot point are-
Resistance 3- 89.76
Resistance 2- 89.08
Resistance 1- 88.61
Pivot point- 87.93
Support 1- 87.46
Support 2- 86.78
Support 3- 86.31
As long as price stay above 50 ema, price trend will remain bullish
During the last MACD above level 0, the price trend will remain bullish
Trend today: bullish
Target these days: 89.98
USD/JPY pair has been quite active lately, and as you can see by the chart certainly bullish. As many of you know, I have been long in this pair for quite some time now, and have been espousing the idea of this pair being a longer-term buy-and-hold type of proposition. With that being said, this doesn't mean that you should always be in the market.
99.9% of the time I will hold a long position in this currency pair going forward. However, there are times when the move is simply far too strong to risk losing any bit of profit on. Because of this, I actually closed out my positions right before the Non-Farm Payroll numbers out of United States on Friday. This pair tends to be very sensitive to that economic announcement, and I figured with it being such a parabolic move we were due for some type of pullback. With that in mind, I figured it was printed go ahead and take profit in the trade, and simply look for a better entry down the line.
Gaps need filled
One of the other reasons that I got out of this trade is that I know that gaps in the Forex market get filled eventually. It's very, very rare that you don't see that happen. Because of this, it would not surprise me at all to see this currency pair drop and try to fill the gap that was formed at the 85 handle after the Christmas break. In fact, that's essentially what I'm hoping for. If we can get some type of pullback to the 85 level and supportive price action, I would not hesitate to start buying hand over fist.
Alternately, we could see enough support at 86 to push the market higher as well, and I am willing to go ahead and take that trade also. I still see the 84 handle as a "floor" in this marketplace, so I have no problem giving my stop loss a little bit extra as far as room is concerned because I truly believe that we are witnessing a trend change. The risk to reward ratio is simply far too high for me to risk getting closed out of the trade on a sudden dip.
if just on technical analysis, it is now very good point for shopping or to purchase from the current position is ... the price just to be on a horizontal support level and above sloping trend line ... so in order to continue shopping trend is quite adequate variant ..