the chart is showing that he pair has succeeded in breaking the level of 107.00 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 107.70 and then 108.00
Thread: Eur/Jpy
the chart is showing that he pair has succeeded in breaking the level of 107.00 , so that's mean the uptrend is still standing and the pair might continue it's up movements heading to 107.70 and then 108.00
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If a M15 close above 107 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 105 sell only and do not buy. If price closes back above it again do nothing
The range 107 and 105 is neutral area, any trade done in between is personal decision and not part of this analysis
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we can see in the chart
the pair cant close above the down trend line
i see the pair will go down now
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If a M15 close above 107 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 106 sell only and do not buy. If price closes back above it again do nothing
The range 107 and 105 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
Candle is above Moving Average period 20 in 30 Minutes chart so I think its still standing for Uptrend. First target must be at 105.90 and second target at 106.00 for next time. Place your stop loss 40 points from your open position. TRADE AT YOUR RISK IF YOU FOLLOW MY ANALYSIS & Happy green pips
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moving average 10,30 and 50 in time frame 1h move flat.trading range in area 106,21 and 105,34.we can put buy and sell order in that level.cut loss if break that level key.
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If a M15 close above 107 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 105 sell only and do not buy. If price closes back above it again do nothing
The range 107 and 105 is neutral area, any trade done in between is personal decision and not part of this analysis
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.
the pair and as we can see from the chart has closed it's daily candle under the level of 106.00 , so , that's mean the down trend is still standing and the pair is heading to 105.30 then 105.00
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.
analysis eur/jpy on frame day.if the pair broke support
level 105.83.the pair will down till level 105.14.however the pair
broke resistance level 106.36.the pair will up till level 107.05
good luck
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in this chart we can see that the candle will downtrend , i use ( one hour frame H1 ) so i suppose to sell in this time and make two target the first target at ( 105.869 ) and the second target is at ( 105.769
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