Good morning, Traders!
According to the analysis of the asset, below is my setup that I am seeing for the next few days, commenting on the fundamentals for possible purchase or sale of the asset.
Remember that if you liked and want to see more examples like this, comment here below in the analysis if you liked, what would change, your prospect for such active and click the Like button to strengthen our idea and share for investors like us. Thank you Trader!
ABOUT SETUP INDICATORS
Cloud of Ichimoku
When the quotation is above the cloud, the trend is high, and this tendency is reinforced when the upper tops and bottoms occur, ie, Senkou Span A stands above Senkou Span B, summarizing the lines symbolizing resistance / support of the indicator but in my case it is not very visible, because I kept the blue pattern and without support lines and resistance of the indicator, so there is not much visual pollution, and the information is the same for those who know the indicator.
When the quotation is below the cloud, the trend is low, and this trend is reinforced when lower tops and bottoms are confirmed, which potentiates the bearish = asset.
Configuration: 9, 26, 52, 26
CCI or Commodity Channel Index
The CCI, the English-language Commodity Channel Index, is a tool developed by Donald Lambert to identify cyclical movements in commodities. This indicator assumes that assets move in cycles with ups and downs appearing at periods of constant intervals.
The JRC is generally used to detect divergences between price trends. It acts as an overbought or overbought indicator, and generally fluctuates above and below the zero line. Normal oscillations will range from +100 to -100. An oscillation below -100 represents an oversold condition, while an oscillation above +100 represents an overbought condition. In other words, a buy signal is produced when the CCI is below and when it crosses over the oversold line (-100). A sell signal is produced when the CCI is up and when it crosses below the overbought line (+100).
Configuration: 14 Periods like HLC3, improved adaptation.
ANALYSIS OF THE DAY: EURJPY
Good personal we go by parts, as I was coming to weeks in a bullish trend, analyzing prices close above the cloud as I mentioned its foundation there on top, I found a congestion zone a point of resistance in the price of 134.455 already involved in the days 03,04 of December of 2015 which favored a greater attention when she came to test for the second consecutive time and there was not the breakup, then I traced the TrendLine and it is observed that the breakup of the same already happened porem entered in a ' CAIXOTE '= Price zone where Support and Resistance are short and well defined, making the candles walk horizontally until they break and decide which tendency to remain. Based on these characteristics, taking into account the study of Price Action, I believe that if it breaks the support in the price 131.110 we enter a bearish trend = more, it would only be sold to the market after its confirmation, or a rejection when entering the cloud above , or fishing (selling) pullback breach.
All my charts are for analysis purposes and not recommendations for negotiations or investments in general.
It is noteworthy that Forex Market offers a lot of risk and is not suitable for all types of investors.
According to the analysis of the asset, below is my setup that I am seeing for the next few days, commenting on the fundamentals for possible purchase or sale of the asset.
Remember that if you liked and want to see more examples like this, comment here below in the analysis if you liked, what would change, your prospect for such active and click the Like button to strengthen our idea and share for investors like us. Thank you Trader!
ABOUT SETUP INDICATORS
Cloud of Ichimoku
When the quotation is above the cloud, the trend is high, and this tendency is reinforced when the upper tops and bottoms occur, ie, Senkou Span A stands above Senkou Span B, summarizing the lines symbolizing resistance / support of the indicator but in my case it is not very visible, because I kept the blue pattern and without support lines and resistance of the indicator, so there is not much visual pollution, and the information is the same for those who know the indicator.
When the quotation is below the cloud, the trend is low, and this trend is reinforced when lower tops and bottoms are confirmed, which potentiates the bearish = asset.
Configuration: 9, 26, 52, 26
CCI or Commodity Channel Index
The CCI, the English-language Commodity Channel Index, is a tool developed by Donald Lambert to identify cyclical movements in commodities. This indicator assumes that assets move in cycles with ups and downs appearing at periods of constant intervals.
The JRC is generally used to detect divergences between price trends. It acts as an overbought or overbought indicator, and generally fluctuates above and below the zero line. Normal oscillations will range from +100 to -100. An oscillation below -100 represents an oversold condition, while an oscillation above +100 represents an overbought condition. In other words, a buy signal is produced when the CCI is below and when it crosses over the oversold line (-100). A sell signal is produced when the CCI is up and when it crosses below the overbought line (+100).
Configuration: 14 Periods like HLC3, improved adaptation.
ANALYSIS OF THE DAY: EURJPY
Good personal we go by parts, as I was coming to weeks in a bullish trend, analyzing prices close above the cloud as I mentioned its foundation there on top, I found a congestion zone a point of resistance in the price of 134.455 already involved in the days 03,04 of December of 2015 which favored a greater attention when she came to test for the second consecutive time and there was not the breakup, then I traced the TrendLine and it is observed that the breakup of the same already happened porem entered in a ' CAIXOTE '= Price zone where Support and Resistance are short and well defined, making the candles walk horizontally until they break and decide which tendency to remain. Based on these characteristics, taking into account the study of Price Action, I believe that if it breaks the support in the price 131.110 we enter a bearish trend = more, it would only be sold to the market after its confirmation, or a rejection when entering the cloud above , or fishing (selling) pullback breach.
All my charts are for analysis purposes and not recommendations for negotiations or investments in general.
It is noteworthy that Forex Market offers a lot of risk and is not suitable for all types of investors.
