When the market opens we will be looking to go long as there seems to be potential to the topside. RSI is still good as well.
All your Fundamental and Heavy indicators will forsake you in the last days of November, Never Forget that. Eur is Going down till the last days of November...
the price retrace its path and by using the techincal analysis first TP is on that place .After that triangle pattern will create. Acc. to that pattern price will drop down to that 2nd TP. :)
As we forecast uptrend for this day, so Forecast City suggests buy (limit) above S1=118.05. But the short term forecast is range bound, so we expect to reach the following targets: TP3: R1=118.75. TP4: R2=119.05. Set the stoploss of these orders at breakout of S2=117.95. Stop and reverse: If trend gets reversed, sell (stop) orders will be opened at breakout of...
seems like the price formed a small correction out of the falling wedge....
EURJPY on H4 is retesting its broken resistance. Also emergence of exhaustive candle signaling a bear move ahead
Just set and forget. its beyond tecnical and fundamental analysis.
If it test the support at yellow line and bounces from their then expect it to hit green lines otherwise short it with red as targets. You can reach me on telegram at my id TACHARTS
AS WE GOT BUTTERFLY PATTERN, AS .786 IS NOT ON PERFECT POSITION BUT STILL WE GOT TWO REASONS TO SELL THIS PAIR FIRST, THE HAMMER SECOND, THE STOCHASTIC CROSSOVER TAKE PROFIT DETAILS ARE BEING GIVEN AND SOON WILL EXECUTE ON PYRAMID PATTERN STAY TUNNED ;p