As much as I enjoyed the last minute rally of EURJPY Friday those final minutes of fireworks may not have been quite enough for a reversal.
- Fridays candle did not exceed Thursdays
- the majority of 1day indicators still begging for a lower price to truly stabilize this before a stable Bull run
- previous Bull Fib study remains our compass
Strong/sustained opening Sunday look for the .382 to be pushed through @ 121.1004
Weak/sustained opening Sunday look for the .786 to be tested @ 119.2194
There were a lot of last minute Long gambles put on the table Friday but the market Bear has not yet been confirmed as asleep through current 1day indications.
- Fridays candle did not exceed Thursdays
- the majority of 1day indicators still begging for a lower price to truly stabilize this before a stable Bull run
- previous Bull Fib study remains our compass
Strong/sustained opening Sunday look for the .382 to be pushed through @ 121.1004
Weak/sustained opening Sunday look for the .786 to be tested @ 119.2194
There were a lot of last minute Long gambles put on the table Friday but the market Bear has not yet been confirmed as asleep through current 1day indications.
Note
they say if you stare at a chart long enough patterns will form, legit or not
Im done with this one for now
getting excited for another study on WTI Crude
enjoy
Trade closed: target reached
some beautiful moves down and back up in the 120.30 to .618 rangehope you made some pips
I think we are getting long in the bear tooth, possibly
article 50 is one major wild card but the technicals looking tired out
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.