- Charts: 4Hours, 1 Day.
- Indicators: Fibonacci Fan Lines,Fibonacci Retracements,Volume.
- Prepared with : JForex 4.
- Current Level : 138.95
Metal_Mind's Blog
EUR/JPY - Another correction ?
Bollinger Bands Trade!
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EUR/JPY-Triangle Pattern!
Charts: 4Hours, 1 Day.
Elements used: EMA 3,5,13,21,50,100,Time Markers.
Current Level : 141.02
EUR/JPY has had a 5100 pips sharp bullish rise month after month until recently when it seem to have encounter a resistance level. I used percent lines levels last month to determine where the pair could be heading. I predicted a retracement period.
Today i can conclude that i was right. The retracement period did occured but the losses were recovered very quickly and the pair played in a range …
EUR/JPY-Reach Resistance !
Charts: 4Hours, 1 Day.
Elements used: Percent Line,Fibonacci Retracements,Fan Lines,MACD,Time Markers.
Current Level : 139.99
EUR/JPY has had a 5100 pips sharp bullish rise month after month until recently when it seem to have encounter a resistance level. I usual don't use percent lines, but since this move is so sharp and fan lines nor retracement would have worked on a monthly chart i decided to add them and i was really surprised seeing that th…
EUR/JPY YEN STRENGHTENS
Charts: 1 Day,1Week.
Indicators: Fibonacci Fan Lines 1Day,1 Week, Time Frame(TF),Fibonacci Retracements,Support & Resistance
Levels,EMA 200, 50 ,21,13,5,3.
Current Level : 133.18
EUR/JPY is in a range from April this year and tried two times until now to broke the range higher which settled with the forming of two resistences and also it had 3 attempts to break lower that were unsuccesfull.This range is formed between fibonacci fan lines 1 Day TF 61.80& 50.00 and fibonacci fan lines 1 W…
Indicators: Fibonacci Fan Lines 1Day,1 Week, Time Frame(TF),Fibonacci Retracements,Support & Resistance
Levels,EMA 200, 50 ,21,13,5,3.
Current Level : 133.18
EUR/JPY is in a range from April this year and tried two times until now to broke the range higher which settled with the forming of two resistences and also it had 3 attempts to break lower that were unsuccesfull.This range is formed between fibonacci fan lines 1 Day TF 61.80& 50.00 and fibonacci fan lines 1 W…