I realise all doom and gloom the main outlook for equities at the moment (I'm short S&P and ASX200) however got to stick to your system.
Range set 5.20 - 18.80 (Jul'07- Nov'08) Broke out of range Jan'14 and now pulled back to ~50% fib at 12 Supportive trend line set up with 3rd point in Feb'16 Seeding pattern on the weekly
Looking for buy signal into 10-11. If we break below 10 then looking at an 8 handle to get long. first potential set up SL 9.70 TP1 18.00, TP2 26.30
Trade active. Long at 11.50, SL 9.73, TP1 16, TP2 18.5, TP3 26
Genghis
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Sat under bear trend line
TA_Valley
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btw, since its a japanese company, this may imply usdjpy going up.
TA_Valley
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lol this one just looks like euro monthly, hahahaha, and will it go down more to form a triple bottom
Genghis
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Could be useful... can you show me a chart comparing the 2 please as I don't see it myself. Thanks
TA_Valley
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TA_Valley
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for me both eurusd and this kawasaki, makes me feel that the double bottom is too good to be true...maybe I am wrong.
Genghis
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My main observation would be that the time frame is very different. The 2 lows for Kawasaki are both in 2016 where as for the Eur the first low was way back in Q3'15
Likely to be getting long later this week