Our candles are approaching the ZONE, meaning we are currently on a bearish trend which is predicted to hit our TAKE PROFIT. Currently, because we have just moved from bullish trend from our daily chart, we still have our 200 EMA and 100 EMA indicating a buy. However, our 10 EMA, 20 SMA, and 50 EMA are indicating a sell. And as we all know, 50 EMA or 50 SMA are...
After Hitting our TP1 and if possible TP2, there will be a strong reversal. Hoever, we are currently on a strong buy in the Daily and Hourly timeframe.
EURJPY has its candles over the 20 SMA, 50 SMA, 100 EMA and even 200 EMA. Asides that, To those who trade using the ichimoku indicator, the green span is still in control indicating a strong buy. Our William Alligator and our candles just crossed a resistant zone. Although, the momentum in the market indicates a sell both in the Hourly and Daily timeframes but its...
The bulls have the market and there is a very high tendency to the resistance zone.
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