Thread: Eur/Jpy
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The shape and price of the pair strong negative attack after submitting closures negative clear below 126.10 but note achieved the second goal of his arrival towards 123.90, as the price settles in a new negative scale will continue tipping further attempts bearish and we expect his arrival to the level of 122.00 to constitute a first support well against downside bias.
---------- Post added 02-25-2016 at 08:33 PM ---------- Previous post was 02-24-2016 at 08:57 PM ----------
Forced the price of the pair to form a positive bounce intraday during trading yesterday and surpassing the level of 123.90 due to the liberation of Stochastic saturation level sales, the above works on the postponement of the price fall towards the awaited target at 122.00 until the assembled negative torque and then repeat the negative attempts.
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Trading_Jazz (2016-02-24)
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EURJPY-0.56%
SHARK:
Point B:
61.8% XA
Point C:
113% to 161% AB
Point D:
161% to 224% BC4.03%
88.6% to 113% XC
Target:
38.2% to 100% CD
CYPHER:
Point B:
38.2% to 61.8% XA
Point C:
127% to 141% ext XA
Point D:
78.6% XC
Target:
TP1 38.2% CD
TP2 61.8% CD
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Safe Trades;
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Made the price of the pair a new closing negatively below 126.10 confirms stationed within the new negative level and invites us to wait for the more attack bearish in the coming period, we expect during trading near the middle price reaches about 123.90 to form the first leg of a mile the downside and then to wait for touching the 50% Fibonacci at 122.00.
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Trading_Jazz (2016-02-24)
The flow of waves is going down and it continuously making LH and LL indicating a down trend. And I think it will extend to 1.272 fibs extension and Andrew pitchfork median line. if it reach this level then there is 80% of chance to retrace from that level and consolidate near median line. i put a pending order near price 123.91. if this target has been hit this target and bounce back then it will definitely goes to 38.6 or 61.8 fib retracement . i will hold this trade until haiken ashi change it color and cross 5 sma.
good luck
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Continued price pair provide a negative trading during yesterday observe stability now without the support of about 126.10 and settle in a new negative level as previously expected, the broken support firming confirms the negative continuity and target price so the level of 124.90 and down to the level of 123.90 during the coming period.
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Trading_Jazz (2016-02-24)
buy 127.26
take profit 127.82
stop loss 127.00
low risk high reward trade
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Trading_Jazz (2016-02-15)
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On chart:
.ABC correction
. AB=CD pattern
.Cluster zone
. Bearish Gartley
GARTLEY
Point B:
61.8% can not touch 78.6% XA
Point C:
38.2% to 88.6% AB
Point D:
78.6% XA
127% ext AB
Target:
TP1 38.2% AD
TP2 61.8% AD
If You enjoy this chart, hit that "thanks" button
Safe Trades;
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Trading_Jazz (2016-02-15)
Succeeded price of the pair with the breach of 128.50 during trading yesterday to assure us that influenced control bearish bias and provides a strong drop thus achieving the first target at 127.20, we expect the continuation of the formation of the price of the waves of negative repeats pressure on the level of 126.10, which has long been the main obstacle to the negative trading for the last time.![]()
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Trading_Jazz (2016-02-15)
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