the pair broke the down trend to up way to in 1h chart
MACD and RSI refer to up way
our position short buy at :141.23
our 1st target :141.89
2nd target :143.10
Thread: Eur/Jpy
the pair broke the down trend to up way to in 1h chart
MACD and RSI refer to up way
our position short buy at :141.23
our 1st target :141.89
2nd target :143.10
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EUR/JPY pair is now bearish power. The price already breakout daily support 1 level (141.130) and lower trend line. I think the price may touch daily support 2 level (140.750).
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i want to buy Eur-jpy from 141.20
my stop loss of today @ 140.95
short take profit for today will 141.70
and long take profit will 142.90
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By using moving 25,50,100,200
the pair close down moving
so i expect the pair will go t moving to down
so sell from 141.27
sl: 141.55
tp: 140.75
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in 1h chart
the pair trade in up trend
my entry price is : 141.43
i see the pair will go up to 1st tp : 141.80
2nd tp : 142.20
3rd tp : 142.80
good luck
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the trend is still down
if indicates the trend is still trade down from :141.49
Recommendation: sell
Take profit1: 140.80
take profit2:139.90
Stop Loss :142.50
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Unregistered (1)
Pair = EURJPY
Camarilla pivot point
R4 = 141.99
R3 = 141.74
R2 = 141.66
R1 = 141.58
S1 = 141.42
S2 = 141.34
S3 = 141.26
S4 = 141.01
Wednesday, December 11, 2013
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Fibonacci pivot point
Pair = EURJPY
Resistance 3 = 142.53
Resistance 2 = 142.19
Resistance 1 = 141.98
Pivot Point = 141.64
Support 1 = 141.30
Support 2 = 141.09
Support 3 = 140.75
Result this day Wednesday, December 11, 2013
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The pair moved as we had indicated yesterday (quoted below). We expect further downward consolidation which can extend as low as 140.55. Any break above 141.70 will be the first sign of short-term bottoming up to expect a move towards 142.00 or more.
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