Double inside days in the upper bound of the range. A break higher will finally get us out of the range, a break lower could see range holding. Swing failure might be a hint of things to come. Ideally a break higher with prices holding above the rectangle and previous highs should set us up for a decent move higher
הערה:
Inside day broken to the upside as discussed
הערה:
Needs a bullish close above the red rectangle
הערה:
Bullish close as discussed. Should see a move higher. Next resistance comes in around 108.30 (previous swing highs)
הערה:
Retesting upper range boundary. Needs to hold for a move higher
הערה:
Pulled back and quickly rejected. A break of yesterdays high should see us auctioning higher
הערה:
Still holding above previous resistance and building volume. Good risk/reward for longs
הערה:
EURJPY now well on its way upwards. First resistance comes in at previous swing highs at the 118.40 area and then major resistance comes in from 121.40-122.55 area (Red Rectangle)
הערה:
Careful with the earthquake news. Last time yen strengthened
הערה:
Previous swing high in sight now. Should trigger stops above if it breaks
הערה:
Stops triggered as discussed in previous comment. Previous swing high should now become springboard support for a move into major resistance from 121.60-122.60 (Red box above)
הערה:
Possible resistance at 120.80 area (previous lows and highs)
הערה:
First resistance coming in just above at 1.2080 (double bottom) as shown above
עסקה סגורה: היעד הושג:
Coming into resistance at 120.80.
הערה:
Approaching area of high resistance
