Subscribetoday i like to sell this pair @ 129.66
my stop loss of the day @ 130.00
half take profit for today @ 129.36
and further half take profit @ 129.11
Thread: Eur/Jpy
today i like to sell this pair @ 129.66
my stop loss of the day @ 130.00
half take profit for today @ 129.36
and further half take profit @ 129.11
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In fact, reaching the line of the channel resistance fell lost speed trenda chto is an indirect indication that the correction movement can begin. If the "rebound" will take place in the region of 200 - day MA in the area 129, 500 then from these levels will be opening a long position with a short stop..7
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my analisist for uro/jpy tody..3 july 1.16pm using private stregety.. buy.stop 130.17 ,,,,,,,,,
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We need to stay below 129.50 and then there would be a test of 127.00 extreme support and below there 124.96 last line of defence And If you manage to stay below 129.50 then we can consider that test of 127.00 is there and Probably when we see a break then Top would be well placed to test the lows and bottom
regards
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time frame- H1
the price is try to break the support trend line and this is hold at the pivot point 130.48. its up movement is rejected from the resistance at 131.10 level. the price has a resistance at the 130.65 by the moving avearege 14. we can short this pair to the target at 129.90 and stop loss at the 131.90
good luck
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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.
Eur/jpy analysis for 07.03.2013 by using pivot indicator.
r3: 132.454
r2: 131.778
r1: 131.183
pivot: 130.507
s1: 129.912
s2: 129.236
s3: 128.641
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elliott irregular f;lat correction up 130.69 currently up trend should end around 131.18 - 13.60 area acorrection down to below 129.43 is expected a rise above 131.01 will abort the expected correction
support and resistances
res2 131/01
res1 130.60
piovt 129.84
sup1 129.43
sup2 128.67
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We saw a test of 131.03 which could be the top for the pair But we now should see a break below 129.80 But if 129.80
Is not broken then we might see the test of 131.80 area before we see the rally is in three waves And as We have
witness so many times the strength of wave C It can be seen But Noway we can say that this is imuplusive rally
Because it does not have any characterstics So watch for the opportunity for a break of 129.80 area first
Regards
Check the chart
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today i like to sell this pair @ 130.90
my stop loss of the day @ 131.33
half take profit for today @ 130.60
and further half take profit @ 130.15
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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