Thread: Eur/Jpy
time frame- H1
the price is making double bottom chart pattern and its also making a hanging man candlestick pattern but its has down presser. if the price close below the 131.60 level we can see continue down trend and price will falling to the support at 131.00
trade- short
take profit@131.05
stop loss@132.30
good luck.
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EUR/JPY pair price already touched daily support 2 level (131.635). Now the price try to move up ward. I think the price may touch Fibonacci 23.6 level.
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More EURJPY far left line trendline. Thus the line will turn bearish trendline. After penetrating the lowest price also penetrated EURJPY 132.34 support and then 132.11. With a strong bearish pressure will drop until then EURJPY 131.66 support next. Upward movement may occur if price able to rise above the pivot, the target will lead to a level of 133.23 to 133.91Spoiler:
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awesome oscillator best indicator to signal to colors red colors down market and lime colors up market
up signal tp:20 pip
less:20 pip
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eur/jpytechnical analysis basis of stochastic(5,3,3) and adx(14) for last few hours
stoch(5,3,3)
main : 59.43
signal : 62.03
adx(14)
adx : 30.16
+di : 12.29
-di : 20.14
so we see the market
condition : neutral
overall trend : bearish
timeframe : m15
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Eur/jpy analysis for 10.02.2013 by using pivot indicator.
r3: 135.13
r2: 134.18
r1: 133.54
pivot: 132.59
s1: 131.95
s2: 131.00
s3: 130.36
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eur/jpytechnical analysis basis of stochastic(5,3,3) and adx(14) for last few hours
stoch(5,3,3)
main : 45.10
signal : 36.43
adx(14)
adx : 26.79
+di : 9.61
-di : 18.27
so we see the market
condition : neutral
overall trend : bearish
timeframe : m15
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.
My analysist for eurjpy today,02 october 2013 using open price market at 00.00 broker time strategy.
This analysist is using the open market price and using dolly graphic indicator.
With this indicator, we place trapping buy stop and sell stop
pending order today
buy stop 132.77 tp 132.97 sl 132.17
sell stop 132.37 tp 132.17 sl 132.97
may pip always with us
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we can see in the 1d chart
the pair trading down the 61.8
I see the pair will go to down way to 130.50
stochastic refers that the pair will go down
so our target sell from 132.53 and our target will 203pips
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.
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