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Jena

USDJPY, short across transit levels to 156.64Hi, friend. Jena want to fall after bulls accumulated in golden ellipse zone i marked. We have powerful downward tendency for monday. All interesting market price in chart window. Dont forget to support me. And have a nice trading week. 💪 Also remember that forex like another exchange tipes its a real time process with many "x" and "y" situations. Market situation is constantly changing. And an idea is relevant for some certain period until situation changes.
Short
by JinFlark
USD/JPY🇺🇸 🇯🇵 to rise to the 104.927 lvlUSD/JPY🇺🇸 🇯🇵 has formed the Cup&Hanlde pattern and we see that the price is going to continues rising according to the ROC swing and Stochastic crossover. However , the very Stochastic overbought and the strong support/resistance level of 104.927 suggest that the price is going to decline after. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
Long
by Alexander_Harford
2
CHF/JPY 🇨🇭🇯🇵 to fall to the 115.344 with the following spikeTaking the multiframe look at the CHF/JPY 🇨🇭🇯🇵 on the 2H chart we see the Long Upper shadow that suggest that the price can decline down to the Local Support of 115.344 that is also backed by the bearish ( almost Dead Cross) narrowing of 50&200 MAs at the 12 H chart. There the price most likely to bounce from the long lasting Uptrend Line up to the area of 116.166 lvl. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
Short
by Alexander_Harford
3
USD/JPY🇺🇸 🇯🇵 to test the 104.929 lvl+0.25 on the USD/JPY🇺🇸 🇯🇵. As we see the swing at the ROC we shall expect that the price will continue its bounce from the uptrend line to the test of the 104.929 lvl and if the level is broken the attempt to break the 0.382 fib lvl is going to happen. However , according to Aroon the lvl most probably will hold the pair. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
Long
by Alexander_Harford
6
USD/JPY 🇺🇸 🇯🇵 to test the 104.929 level +0.36% on the USD/JPY 🇺🇸 🇯🇵. As wee see , the price lies below the 50&200 MA as there is barely been any significant spikes under this circumstance. The Volume spike together with the ROC swing are hinting that the pair is goin to set up above the 104.575 lvl. However , wee see that Stochastic is in the Overbought area , though with no signs of a crossover thus I expect the price to rise , but most probably being rejected by the 104.929 level. After that we shall see if the price indeed will manage to stay above the 0.236 fib level. If you like the idea PLEASE don't forget to hit the LIKE 👍👍👍button Also share your thoughts and charts here in the comment ⌨️ section.
Long
by Alexander_Harford
2