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EURJPY
12 years 11 months ago #4977
by ronnie
The following user(s) said Thank You: remo
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13 years 2 months ago #2575
by remo
shooting star at resistance. Possible short.
the signal has already been given but i find that the price has a habit of going half way up a shooting star before going back down so there is still a chance that you can short from a better position.
Ive closed my earlier longs for a nice 500 point profit

the signal has already been given but i find that the price has a habit of going half way up a shooting star before going back down so there is still a chance that you can short from a better position.
Ive closed my earlier longs for a nice 500 point profit
The following user(s) said Thank You: Broad-rock, GG
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13 years 3 months ago #1892
by remo
This one looks like its breaking out of the down trend line thats been in play since oct 2009
This is the reason i always say short only on first attempt of a trend line.

Im actually long on this now as im expecting higher prices to follow now that its breached the trend line. Obviously a few hours remaining in the day so hopefully will finish the day above the trend line.
DYOR
This one looks like its breaking out of the down trend line thats been in play since oct 2009
This is the reason i always say short only on first attempt of a trend line.
Im actually long on this now as im expecting higher prices to follow now that its breached the trend line. Obviously a few hours remaining in the day so hopefully will finish the day above the trend line.
DYOR
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13 years 3 months ago #1488
by Jackozy
The hourly view appears to have formed a bearish RSI divergence and a hanging man candle right at this resistance too:
dl.dropbox.com/u/20815047/EURJPYhourly15_11_12.gif
dl.dropbox.com/u/20815047/EURJPYhourly15_11_12.gif
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