Thread: Eur/Jpy
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 105.5 sell only and do not buy. If price closes back above it again do nothing
The range 107 and 105.5 is neutral area, any trade done in between is personal decision and not part of this analysis
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we can notice on the chart , the pair is trading under the level of 106.00 , so any way if the pair succeeded in breaking 106.00 , the pair will continue in it's up movements heading to 106.35 and then 106.70 on continuous movements base
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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 106 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.
i see in this chart that the candle is going to uptrend in one hour frame so if you buy now make for you two targets you will be able to get them your first target at ( 105.913 ) and the second at ( 106.013 ) and make your stop loos at ( 103.560 ) good luck in 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.
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.
as we can notice from the chart , the pair has stated it's trading week under the level of 106.00and that's mean that the down trend is expected for this week and the pair might head to 105.50 and then 105.10
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the trading has ended with the pair under the level 106.00 and that's will make the movement continue in down trend to reach 105.50 , and then the selling is suggested with a suitable stop loss level and targets equal 30 pips .
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a buy position has been successfully profit, we just liquidation, + 68, and one pending orders we move following the movements sma5 h4.
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Current development raised the possibility that the 105.42 is not yet the bottom. In case of another fall, we'll continue to look for reversal signal ahead of 88.96 low.
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the pair now between two trend lines (Down + Up)
any H4 candle close above / below these trend lines
we will see up / down movements till 107.80 in case of up movements
and 102.53 in case of down movements
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