EURJPY-has been climbing since this mornings buy Fractal at 114.67. There have been several RSI roll-overs and the phase energy has faded, but..... There have been no sell Fractals yet. My sell would be the target upside projection of 118.464. Other key Fibonacci levels: currently 115.40 is a 50% retracement. No sells indicated yet. Fibonacci .618 is 116.06. Fibonacci .786 is 117.11. Other sells would be: 1. First sell Fractal. 2. Price trading below red conversion line of Ichimoku Cloud. 3. Price trading below black baseline of cloud. 4. Alligator has a reverse and feeds in down trend, or, goes to sleep while other sells happen.
Note: a sell is possible because CHOP IS VERY HIGH, ABOVE THE SHADED AREA. Chop is the indicator below the chart.
Good luck to you. Don.
Komen
chris30161
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thank you ! I made 90 pips on the trade.......... ;-)
649bruno
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Congratulations. You made a very good trade. I hope you enjoy your long weekend. Don.