Major bearish breakout with a target in green area ~11
Short after breakout and retest with short term targets. 113 for USDJPY is a very important area: check the daily chart. Double top.
I am quite bearish at this point in case of breakout. I have a couple of targets (see chart). In addition checking the daily chart, a couple of days ago price tested SMA200 and found sellers.
After 7 test of 1.1530 (daily close may 2nd 2016) and one big (fake breakout?) EURUSD is testing again 1.1530 support. In this area this pair found good buyers.
1. Clear every stop loss of bulls w/ false breakout (capitulation). 2. Convince crowd/cattle to get in the opposite direction. 2a Use mass media and gurus if necessary. 3. Get in the opposite direction of crowd. 4. Enjoy the short squeeze. ---- Not investment advice. Sometimes price patterns fail.
AUDJPY In a downtrend channel with clear lines of sellers and buyers. Look at the pattern in yellow. Needs a boost. So buy breakout.
Stellar Long.
I think it is more probable to fill the #gap at ~12330.
BCH looks bullish in a nice upward channel.
This chart shows evidence of good buyers. I don't need to explain, the chart speak for itself.
Target to the median line.
GBPUSD on a nice upwards channel. Possible a test of lower parellel with target on median line.
$AUDCAD testing median line after finding resistance at upper parallel. Trend Bullish.
$EURAUD pair is trading in a nice upward channel on 15m TF. Bouncing precisely off the lower parallel AND 61.8% Fib. The chart is showing, in addition, how the vicious stop hunting works... Targets... 1.median line and 2. upper parallel.
12 hours until the $EOS mainnet launch... and it is breaking up. Big move and a lot of excitement out there. Short time target: upper parallel. GO EOS!