Expanding bearish Ichimoku Cloud, falling Senkou Span A and B; a dead cross of Tenkan-sen and Kijun-sen, falling Tenkan-sen; the prices formed a new lows, but market is oversold and Dollar may go to Tenkan-sen.
Tag - jpy - japanese yen
The price reached the nearest "Window", so there's an opportunity to have a bullish pattern.
AUD/JPY reversed from support zone Next buy target - 84…
We've got a bullish "High Wave", but the last bearish "Shooting Star" has been confirmed strongly.
Expanding bearish Ichimoku Cloud, falling Senkou Span A; Tenkan-sen and Kijun-sen will make a new dead cross; the prices are bounced from Senkou Span A and made the new lows for last two weeks.
The last "Three Methods" patterns point to a possibility to have the market even higher.
Expanding bullish Ichimoku Cloud, falling Senkou Span A; a dead cross of Tenkan-sen and Kijun-sen with falling Kijun-sen; the prices are corrected to Kijun-sen.
The upper "Window" has acted as resistance, so we've got bearish patterns such a "Harami" and a "High Wave".
Resistance by the middle of the last huge black candle is still on the table. Also, we’ve got a “Hammer”.
CHF/JPY reversed from resistance zone Next sell target - 113…
We've got a "Hammer" at the last local low, but a confirmation of this pattern is a quite weak.
Recommendation: BUY 111,95 SL 111,4 TP 113,9 TP2 117…