Japan
USDJPYUSDJPY in the last days gave us way down a little energy to again reach the level of 103,149
which has become a support price would not break.
Also as we see the chart price broke down also breaking the moving average of 62 periods but when you reach the level of 103,149 the price volume rising which does not suggest that the price goes to the moving average of 800 and likely to reach the resistance at the level of 104,933 that as seen in the graph is likely to form the triangular wave elliot and the price reaches the point E as the goal to follow if the price respects this analysis to go to the best entry would rise when the price reaches the point D elliot wave.
on the other hand if the price also hits the average 800 but bounces downward torque may exceed the aforementioned support so that the ussdjpy reaches levels below the average 200
only in the next few hours we will see if all this she respects and move on step long!
I welcome your comments greetings to all!
GBPJPY Weekly High Resistance Plus Trend Line H4Quick follow on #GBPJPY, Currently on hit a trendline resistance and weekly high. General weekly trend still bearish on CSS. So I am expecting continue of a down move after this additional pullback:
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GBPJPY Currency Strength Bearish - Expected Possible Fall Daily CSS made cross back into bearish side which means, daily back to the weekly trend which is clearly very bearish ...All we need now is a good confirmation from the (counter trend) pull back for our entry in trend (sell)...make sure no special news around...and get the deal :)An confirmation of weekly resistance rejection will be a great reason to look into getting in...
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Looking for a Base to LONG FromI am LONG for LIFE on USDJPY, but for now looking for a good base to LONG from. The green rectangle could be a good spot to see a bounce if we fall that far down. This would be the top of the previous months' long trend channel. This would also confirm a new trend channel to the upside.
USDJPY the pair uj for a next hour go down to the support son and then bounce in this zone for a correction and the price go up to the high levels
in the last chart is the same idea the price have take the next support and the bounce to uptrend
this form in this chart give us a more security for think in the entry long just when the price touch this support zone
please comment and check the updates
BTC WEEKLY CHART: "The Panic Zone" The End of the WorldThe folks at Tradingview recommended using a catchy title. If the end of the world doesn't catch your attention then probably nothing will. This end of the world is probably not as endy as, say, Y2K where the only safe place to be was on top of the active volcano Mt. Shasta. It's just the end of the road for Deutsche Bank and the current basket of currencies deemed worthy by the IMF. Notice Bitcoin is not included. Feel the bias? Jim Rickards is predicting a currencyapolypse on September 30. Well, he's got a newsletter to sell. Will it really happen? He must be looking at my bitcoin chart because we agree on the date for a tide change.
Let's talk wedgy. Next week there is a trend convergence. The down trend emanating from the 2013 blow off top (blue solid trend line) and the current up trend (red hash trend line). I predict a break out up or down out of the wedge not sideways. What are the chances for a down breakout? There's no bad Bitcoin news. No problems with the blockchain. Bitfinex is healing with the BFX token gaining value. New exchanges opening around the world with the most significant being Mexico. I think the chance for downside breakout is minimal. What are the chances for an upside breakout? China is kicking up a storm. Japan is scrambling fighter jets. Another Yuan devaluation is rumoured. The US and Russia are threatening to radiate each other over Syria. Deutsche bailout is all but assured. This will devalue the Euro instantly. The IMF is threatening to dilute the USD reserve currency status. So, if the Euro and USD devalue at the same time does that make the Brexited GBP and gold more valuable? Whatever! There is huge upward pressure on Bitcoin if any or all happen.
I predict a BTC price rise to $750 by February is in the cards. By then we will know which clown will be President. All currency and metal vibration from that event will settle back to the fiscal reality of disaster ahead. Neither of the leading clowns knows how to solve the US financial problem.
Technically the Stochastic oscillator has bottomed!
Or, the solar storm heading our way could make all the volcanoes erupt at the same time completely upending the climate change agreement and Governor Jerry Browns assault on bovine flatulence. So be it... The end of the world is nigh.
GBPJPY Towards it self into the next major resistance level GBPJPY been running low and retesting the bottom couple of times and we finally see breakout into the bull side.
Now we wait to see the next resistance to be broken as additional bull power for those among us who buy GBPJPY.
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USDJPY in thins chart i think the down trend continue for the next the price break the support in this point i think in 1 hour chart the price go to MA 800 when the price touch this point the uj bounce and complete the next wave and take a little correction and the go back to down side the target is the next support
SEE THE CHARTS PIC MY SCALPS OPERATIONS IN 5MIN CHART AND THE 15MIN CHART
EURJPY POSSIBLE SHORTS1) Daily resistance zone
2) Downside shifts in MA's
3) Previous/ most recent daily candle closed below resistance zone
, if zone holds + break of ascending trend line shorts to 113.847
4) If support at 113.847 fails to hold further shorts towards 112.354
( May see price pullback into 114.467 when 113.847 is reached to accumulate shorts to take out the 113.847 support level)
EurJpy Bullish Continuation for 280 PipsWe have witnessed in the recent week a beautiful and impulsive range/wedge breakout of the EurJpy. It led directly to the first downtrend line on the topside.
Market rushed down in recent days back to the breakout point and stalled.
I am seeing we are in for a bullish continuation of this multiweek range breakout towards the big downtrend line at around 117.10.
I am long @ 114.25 with a tight 50 pip stop and looking for a move to 117.10
USD/JPY Friendly breakdown, scenarios and entry strategyA breakdown of USD/JPY with potential scenarios for both the up and downside.
The blue box indicates the criteria for entry with 4/5 requirements needing to be met before entry, this method cuts losses and gives a clear structured way to enter trades that can be back-tested.
Good luck!
USDJPYI THINK THE PAIR TAKE A CONSOLIDATION, THE USDJPY LOOK VERY EXHAUSTING FOR YOUR UPTREND IN THIS WEEK , IN THIS POINT I THINK THE PAIR TAKE CORRECTION TO SHORT BUT IN MY OPINION THIS CORRECTION DONT LOOK FOR A LONG TIME MAYBE THE PRICE TAKE 103.104 OR 102.60
AND IN THIS TIME FRAME I HOPE THE UJ GO UP FOR A FEW PIPS AND TAKE DE DOWN SIDE AND TAKE MAYBE 30 OR 60 PIPS DOWN
PLESE IF I LIKE THIS IDEA I HOPE YOU SHERE THIS AND LET ME KNOW YOUR OPINION