EURJPY SHORTPrice jut completed an ABCD pattern and is showing a retrace from the D extension which coincides with a monthly support zone of 118.00. I am anticipating price to get up to 120.00 zone which is in line with the fib i have place from the most recent lower high and 'Roof' of my EMA. The confluences are amazing on this pair!
4hr
Perfect SoldierFollow the numbers. This pair seems to be a commander's dream. That climb to 3was the cleanest climb i've ever witnessed.
That was one in a million folks. That was lightning striking. You will never witness something like that again.
I hold no delusions that the rest of this 'won't' play out like that, but man.. it was great while it lasted.
NZD/SGD Long term From what I see on the 4 hour chart, I can tell you that this is in fact a long term trade for the fact that it was on an uptrend before October 11th 2016 (first green arrow) and it has still continued to push up.
Furthermore I jotted down a little support line which was retested twice and XABCD + Triangle pattern confirms this uptrend.
Look out for this during the weekend and see if my analysis fits with your trading fundamentals and so forth.