EURJPY is in a lateral phase; a cypher pattern in evolution could be a good buy opportunity.
Possible Bat Pattern developing on the AUDUSD 4h. Profit target on the AD Fibo retracements.
In my previous post I described the possibility of entering in iota on the 32.8% retracement. The static support did not stand, but eventually was reached again in these days (red arrow). The negative trend line coming from january has now been broken; new supporting price zones can now be at the current price, (black arrow), or better at the 32.8% new FIBO...
Lately I have monitored the recovery of IOTA from the beginning of february. We may are at a turning point. The price has made a triangle facing the negative trend line coming from the start of January. The volumes are decreasing with sudden increases on the positive spikes. The price has found support on a critical precedent resistance (the arrow points it) which...