9+13 Exhaustion Pattern on the top of the Channel indicates a potential trend reversal. We now need a closing below support to generate a Sell Signal. The Hidden Market Order for MT4
Looking for a break to the upside after 9 exhaustion pattern was identified. The Risk Level is on a CLOSING basis. The Hidden Market Order for MT4
There is a significant risk of price exhaustion and a move to the downside on USDJPY. Look for a break of support in blue to short. The Hidden Market Order for MT4
Price is trading above the cyclical support. It is likely to see the market head higher in the cyclical derived angle in red. The Hidden Market Order for MT4
Exhaustion Pattern 9 and the risk associated with it have been mapped on the chart for a potential sell signal to the downside. Sell if price close below cyclical support. The Hidden Market Order for MT4 - First 1000 Downloads are FREE!
Price broke out of the bearish cycle after having been exhausted (9) and is now trading above the cycle channel. A closing above resistance will suggest that price is moving higher in the angle of the blue cycle (support). The Hidden Market Order for MT4 - First 1000 Downloads for FREE!
On the weekly time frame to the left there is a 9 exhaustion pattern followed by a break of the cyclical channel derived from the low. The lower time frame to the right (Daily) is suggesting that a break of 1.60250 will warn of lower lows. Indicators for MT4 The Hidden Market Order (Cycles) Pattern 9 +13
There is a chance of a swing to the upside as we have generated 2 exhaustion patterns at cyclical support. We now need to break above cyclical resistance in blue to suggest higher highs. Indicators for MT4 The Hidden Market Order (Cycles) Pattern 9 +13
We need a break above the cyclical resistance to see a continued move to the upside. If we break above expect price to continue in the cyclical derived angle in blue. The Midden Market Order for MT4 : First 1000 Downloads - Free! Pattern 9 and 13 for MT4
We need a weekly closing above the 177.68 resistance level to see higher highs. Only a closing above will indicate a continuation to the upside.
There is a chance of a short term move to the downside. #The Hidden Market Order
We broke above the immediate bearish cycle painted in red = generating a buy signal which was right after the bounce of support in green. If price continue to make higher highs, we can expect price to follow the cyclical derived angle painted in light blue.
If price close above resistance (in green), we can expect price to continue in the same cyclical derived angle (in red).
Price closed above the Bullish Break-Line of 1346.61 and is now trading above the channel suggesting that we are heading to higher highs.
We need a closing above the H4 Break Line which strands at 12066 to generate a Buy Signal. This setup is valid for as long as price do not close outside the channel. If we break above we can expect price to continue in the cyclical derived angle.