Subscribefor eur/jpy i like to sell this pair at this time at market price @ 1.2997
my stop loss @ near of today high @ 1.3053
take profit @ 1.2945
Thread: Eur/Jpy
for eur/jpy i like to sell this pair at this time at market price @ 1.2997
my stop loss @ near of today high @ 1.3053
take profit @ 1.2945
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Hamzagoroo (2019-04-07)
As you see in my following attached chart, the pair rallied in yesterdays trading to achieving 130.10, which represents the psychological barrier and the main resistance against the pairs trading, therefore the fluctuation below the resistance level is expected in the near period to achieve 126.60 as a main target for the correctional bias.
Carefully note that breaching above the resistance level will make the price rally to achieve 131.00 as a main target for the bullish trading.
By the enclosed chart we notice the stability of Stochastic below 80 level which supports the correctional overview during the near period.
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Hamzagoroo (2019-04-07)
Spoiler:
The position of the current price is above the 50 EMA on the Daily chart, the momentum is bullish
The position of the current MACD cross the line above the area 0, the momentum is bullish
Trend today: bullish
Target today:134.52
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Hamzagoroo (2019-04-07)
new signal
EUR JPY
From 05:34 10-Apr-2013 GMT
Till 09:34 10-Apr-2013 GMT
Sell
Sell at 129.68
Take profit* at 129.32
Stop loss at 130.02
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Hamzagoroo (2019-04-07)
Accumulated Oscilator (AO), and Gator Oscilators are in positive value as uptrend indication movement but Relative Vigor Index (RVI) is still indicating downtrend so pair is still in step by step bullish mode from 129.53, then fast stochastic line is crossing buy border level 20 as strong bullish is starting now
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Hamzagoroo (2019-04-07)
we can see in the 1h chart
the pair trading down the 23.6
I see the pair will go to down way to 127.53
stochastic refers that the pair will go down
so our target sell from 129.56 and our target will 202pips
Good luck
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Hamzagoroo (2019-04-07)
Daily simple analysis
buy stop 129.75 tp 129.95 sl 129.15
sell stop 129.35 tp 129.15 sl 129.95
may profit with us and happy trading....
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Hamzagoroo (2019-04-07)
elliott crucial reversal point one move lower to 128.03 or 126.80 is anticipated while below 129.27 - 129.88area stop loss above 130.51
support and resistances
res2 130.51
res1 129.88
pivot 128.65
sup1 128.03
sup2 126.800
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Hamzagoroo (2019-04-07)
we can see in the 1h chart
the pair trading down the 23.6
I see the pair will go to down way to 127.56
stochastic refers that the pair will go down
so our target sell from 129.89 and our target will 230pips
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.
Hamzagoroo (2019-04-07)
currency movements usually occur on Tuesday sideway. I think tonight EURJPY will go up. but the increase will only be up at 3012, I hope for traders who buy orders are always aware of the existence of a break down, because the price is already very saturated EURJPY sell the monthly timeframe
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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