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If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 104 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 104 is neutral area, any trade done in between is personal decision and not part of this analysis
Resistances lie around 104.83 and 105.04. It should test lower towards 104.18 zone. A clear break of 104.54 would be bearish.
If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis
EUR/JPY open @104.16. As we can see from chart H4, EUR/JPY is in between 2 line of envelope. EUR/JPY might go up to 104.55 if it's close above 104.35. If it's close below pivot @1044.04 then EUR/JPY might go down to 103.75.
If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis
after viewing the snapshot we can take the uptrend in consideration due to the closing above 104.00 . as a result of that , the long direction is very expected and the pair might head to 103.60 before making a correction as i think , good luck .
If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 104 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 104 is neutral area, any trade done in between is personal decision and not part of this analysis
I can see that the pair is trading above point 103.50 , i thing if the pair broke it , it will continue in a down trend to reach 102.70 , so the sell position is suggested with safety stop loss level and target near to 30 pips
If a M15 close above 105 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 103 sell only and do not buy. If price closes back above it again do nothing
The range 105 and 103 is neutral area, any trade done in between is personal decision and not part of this analysis
i took this position bcz in my 15m chart my fast ema cross the slow ema and rsi is below 50 level and going down. stoch also below 50 level and goning down.