I think this will kill S&P500, looks like disaster is looming
I guess that's it for this pair
Now it is driven by NZDUSD...so weak.
Remember this one?
Double top... a break below that weekly support should be a sign of potential weakness.
looking bullish to me! 1) the green uptrend line stopped the fall 2) NZD/USD is looking bullish at least for a bounce after last week's fall 3) USDJPY is testing the 200 EMA support, which is a touch nut
i buy at 86.4 and waitng till go 87.25 what u advise iam new trader
I don't know why I didn't invest much more in this
but i'm sure I'll be there with a chest of cash when it hits the green line one again
target hit, reverse?
I guess USD/JPY can jump a lot, so even this pair will be dragged higher.
I wouldn't be so sure... NZDUSD can drop much more.
Target area: 90.00
afloat*
you meant JPY weakness... well I'm short because I beleive NZD is in trouble
is this a buy area??
Yes: R:R can be 1:5 (SL below support, TP near last high)
Ready to buy from 0.83.65
Waiting price to hit BB Up for a valid PRZ signal. (Potential Reversal Zone)
i am short 81.05
Added a short entry @ 81.34... Market needs to break 80.40 otherwise I'm sceptical.
i will wait a close below 80 for enter
That's probably the best plan. Now my stops are placed just above 38% fib @ 81.90
A break below 80.50 would accelerate decline.