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Medianline

PITCHFORK - Forex USDJPY Weekly Analysis Feb 19th - 23rd , 2018BUY USDJPY Area: Pitchfork Lower Line Channel Pitchfork - Descending Entry: 106.600 - Lower Line Target Profit: 107.500 - Median Line Next Target Profit: 108.700 - Upper Line Stop Loss: 106.600 Reward Potential: 210 pips Risk: 60 pips Reason: 1. Looking at Price are moving back to pitchfork channel, highprobability to hit median line. 2. US Dollar also have made rebounce on weekly lower line pitchfork . Expecting strong US Dollar and demand in the coming weeks.
Long
by ap8forexchange
1
PITCHFORK - Forex GBPUSD Weekly Analysis Feb 19th - 23rd , 2018SELL GBPUSD Area: Pitchfork Upper Line Channel Pitchfork - Descending Entry: 1.40160 - Upper Line Target Profit: 1.37900 - Median Line Next Target Profit: 1.35300 - Lower Line Stop Loss: 106.600 Reward Potential: 486 pips Risk: 144 pips Reason: 1. Price are moving in downtrend pitchfork channel 2. US Dollar also have made rebounce on weekly lower line pitchfork . Expecting strong US Dollar and demand in the coming weeks.
Short
by ap8forexchange
PITCHFORK - Forex USDJPY Weekly Analysis Feb 26th - Mar 2nd 2018SELL USDJPY Area: Pitchfork Upper Line Channel Pitchfork - Descending Entry: Instant/106.500 - Upper Line Target Profit: 105.800 - Median Line Next Target Profit: 103.900 - Lower Line Stop Loss: 107.500 Reward Potential: 260 pips Risk: 100 pips Reason: Last weekly analysis price fail to move higher on upper line and make reversal on median line (refer last week analysis) Target price to hit median line, you may lock profit here or next probability target to hit lower line pitchfork.
Short
by ap8forexchange
1
PITCHFORK - CFD XAUUSD Weekly Analysis Feb 19th - 23rd , 2018SELL XAUUSD Area: Pitchfork Median Line Channel Pitchfork - Ascending Entry: 1350.000 - Median Line Target Profit: 1329.500 - Lower Line Next Target Profit: NIL Stop Loss: 1357.000 Reward Potential: 2050 pips Risk: 700 pips Reason: Price seems to heading towards lower line pitchfork, retested on median line and failed to breakthru median line. US Dollar also have made rebounce on weekly lower line pitchfork.
OANDA:XAUUSDShort
by ap8forexchange
Looks like a Bearish breakout to meOops. Did I call it by accident? 50% Fibo was retested twice with the minor resistance staying just as faithful. Replotting the Median line shows a slight slowdown in bearish action, however, it was still strong enough to surpass the 61.8, breaking through and even breaking outside of the pitchfork. Aroon and CCI are both signaling downward strength. The question now is very simple: Will we retest the major support before truly bouncing back up? Or is the Yen headed back 20 years? I'm thinking to wait for confirmation around the 105 - 105.20 price point to aim short and/or have a back up ready. Comments? (Past performance is not indicative of future results! This is by no means a signal - trade at your own risk.)
by LoonKnight