As I said last weekS ...EJ closed 1 week and 1 month below the trend line which makes me believe that W is over and now it should drop at least 200-250 pips until it makes the next major move! (see also analysis for 1 week)
I will continue to look for SELL on EJ for at least 200-250 pips!
However, a close even for 1 day over 130,200 forces me to think of BUY up to around 133,000
THIS WEEK... EJ closed over 130,200 and came close to 131,000 from where it rejected very strongly entering again below the trend line! analyzing the chart on 1 month where it formed "W" and where I kept saying that it will go down minimum 500 pips and the chart on 1 week !
I can say that I will search SELL until 128,200 or maybe even below ...
NOTE: Starting this week I will try to highlight in parallel the chart for 1 week and the one for 1 month for a better accuracy of the analyzes
GREAT ATTENTION: This pair may be influenced in the short term by any news!
This pair may be influenced in the short term by any newsOur analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
Please, give a LIKE if you find this idea useful!
I will continue to look for SELL on EJ for at least 200-250 pips!
However, a close even for 1 day over 130,200 forces me to think of BUY up to around 133,000
THIS WEEK... EJ closed over 130,200 and came close to 131,000 from where it rejected very strongly entering again below the trend line! analyzing the chart on 1 month where it formed "W" and where I kept saying that it will go down minimum 500 pips and the chart on 1 week !
I can say that I will search SELL until 128,200 or maybe even below ...
NOTE: Starting this week I will try to highlight in parallel the chart for 1 week and the one for 1 month for a better accuracy of the analyzes
GREAT ATTENTION: This pair may be influenced in the short term by any news!
This pair may be influenced in the short term by any newsOur analyzes have an accuracy of over 91% but due to market manipulations during this period we will avoid putting exact values on SL!
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
Please, give a LIKE if you find this idea useful!