zbych's Blog

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Pin bar on EURJPY

Friday, 20.02 we've seen nice pin bar on EURJPY. Now support near 134.00 look strong. If price cut 136.60 there is now another resistance level before 140.00
Weekly chart show show the same. Bulls have strong support near 133.80. If this level'll be defend bulls have chanche to move to main resistance - 140.00.
On the other side mountly chart show very strong bearish january's candle. If corection move to 140.00 level we want to look for short position according to this bearish sygnal.
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Gartley on EURNZD

On mounthly chart we see very strong reversal pin bar as sygnal to change move, but now sellers attac's pin bar. On the other side now we see very interesting level - probably reversal Gartley pattern on daily chart. So, let.s be ready for action..
Strukture of this pattern is near ideal, so it is posible to 1 april price will be up, -- .5550
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8 January - berish pin bar

2 January has formed strong berish reversal inside bar setup near 145.00 and until now we see sellers
advantage on EURJPY market. 8 January has formed berish pin bar as
false break from box, so we have made a sell limit order near 142.60 ,
stop loss several pips above pin bar and take profit near 141.40.
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