Subscribeelliott crucial reversal point 77.53 it should trade higher to 77.76 while 76.41 or 75.96 offers support stop loss below 75.51 zobe
support and resistances
res2 78.67
res1 77.76
piovt 76.41
sup1 75.51
sup1 74.15
Thread: Nzd/Jpy
elliott crucial reversal point 77.53 it should trade higher to 77.76 while 76.41 or 75.96 offers support stop loss below 75.51 zobe
support and resistances
res2 78.67
res1 77.76
piovt 76.41
sup1 75.51
sup1 74.15
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Hi,
My preferance (for the next week) for Nzd/Jpy is to sell from 76.70 and to stop loss at 78.70,
first take profit is at 75.70 and second at 74.70 (third is optional at 73.70).
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the pair will go to down way to the down trend line
i see the pair will go to down way to 75.68
rsi refers that the pair will go down
so our target sell from 76.68 and our target will 100pips
Good luck
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elliott elongated flat correction up 77.39 resistances lie around 77.09 and 77.30 it should test lower towards 76.45 zone a clear break of 76.80 would be bearish
support and resistances
res2 77.73
res1 77.30
sup1 76.45
sup2 76.04
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the area 76.50 capped the pair so much for two weeks atleast and Now we should see a break above
77.31 which will confirm that the bottom is in placed But I am expecting only a test of the air which is likely
to fail But Only time will tell Howerver as long as 76.50 area is providing support on daily we can expect a rally
as this rally does not seems to be impulsive in character by any means.
So lets see how correction unfolds
Regards
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we can see in the 1h chart
the pair can close up the up trend line
i see the pair will go to up way to 77.68
stochastic refers that the pair will go up
so our target buy from 76.68 and our target will 100pips
Good luck
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we can see in the 1h chart
the pair will go down
I see the pair will go to down way to 75.68
rsi refers that the pair will go down
so our target sell from 76.68 and our target will 100pips
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.
we can see in the 4h chart the pair will go to down way to the down trend line
i see the pair will go to down way to 75.68
stochastic refers that the pair will go down
so our target sell from 76.68 and our target will 100pips
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.
elliott elongated flat correction up 77.22 while below 76.90 - 77.23 it is more likley to fall futher towards 76.29 or 76.01 premature rise above 77.23 could see it rising a bove 77.79 zone
res2 77.79
res1 77.23
piovt 76.57
sup1 76.01
sup2 75.35
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Hi,
My preferance for Nzd/Jpy is to sell from 76.95 and to stop loss at 77.95,
first take profit is at 76.14 and second at 75.66 (third is optional at 75.27).
Good luck for everyone
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