Time Frame M15 --- Japan and London Session
Japan session no break-out ...Waiting direction London session
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Time Frame H4 Chart
Bullish butterfly and wave projection remain.
Day Trader projection price target 1.5788 Wave C .. Forecast this week .
Today limited bullish find wave A at 1.640.
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R3 1.5654
R2 1.5621
R1 1.5580
Daily Pivot -- 1.5547
S1 1.5506
S2 1.5473
S3 1.5432
Yesterday High: 1.5588
Low: 1.5514
Today Open : 1.5567
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--->>Prefer today JAPAN and LONDON Session ---
=> FX Trader could take a Short position at 1,5615. We will put the stop loss,The targets are 1,5520.Very Weak Downtrend with very tight stops. Each trade is dangerous, take care and put your stop loss.
=> FX Traders are advised to hold for the break and then swing into it.The current downward trend is at a crossroads and has possibly ended
=>Above 1.5621 -> Open Long at 1.5630 with target 1.5650
If Below 1.5621 -> open short at 1.5615 with target 1.5520.
*** IF PRICE BREACH 1.5615 CLOSE BELOW ,PROJECTION TARGET 1.5500 *****
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Disclaimer:“Investment in the currency exchange is highly speculative and should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This and any analysis published or received from FX Trader Resources , Accordingly we make no warranties or guarantees in respect of the content. The publications herein do not take into account the investment objectives, financial situation or particular needs of any particular person. Investors should obtain individual financial advice based on their own particular circumstances before making an investment decision on the basis of the recommendations in the analyses. While we try to ensure that all of the information provided is kept up-to-date and accurate we accept no responsibility for any use made of the information provided. FX Trader Resources will not be held responsible for the reliability or accuracy of the information available. The content herein is provided in good faith and believed to be accurate; however, there are no explicit or implicit warranties of accuracy or timeliness made FX Trader Resources . The reader agrees not to hold FX Trader Resources liable for decisions that are based on information from this website. FX Trader Resources highly recommends that before making a decision, the reader collects several opinions related to the decision and verifies facts from at least several independent sources
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