EUR/JPY 4H - Prepare for SHORT to 128.500

٢٩ أغسطس ٢٠١٧

Reasons:Bearish HIDDEN divergence between Point A and Point B and blue line. Immediate classic divergence with red lines. Andrew's pitchfork pointing a reversal to the median line to 128.500 area. If this is the top, then we are set. If 131.500 is not the top, the chart must be revised correspondingly. That's why wait for a lower high to take shape before going short.

٢٩ أغسطس ٢٠١٧

ملاحظة

Take a small short position. First target: 130.200

٣٠ أغسطس ٢٠١٧

ملاحظة

Ok guys, it seems like a final spike took place along the upper line of Andrew's pitchfork. It's a difficult pair but once it starts to go down it will go down violently. Add to short position once it goes below 131.100. On 15min chart we have H&S and a retest of the neckline already.

٣٠ أغسطس ٢٠١٧

ملاحظة

Houston, we have a problem ! We are going down :)). C'mon everybody get onboard for a short position. Next immediate target 130.700