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.
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.
