Analysis Update
Finally I am back to my basic analysis style. NO MORE CONFUSION.
NO SEE, NO HEAR, NO SPEAK. (its a wonderful tip)
Our price had complete fib ext 127 at 15584 level then retrace back down again to touch 15500 level. Unfortunately, this is third time it fail to break down. Due to the inside candle formed at last drop from 15584.
As the result, the next trend will resume to break the 15584 and reach the next fib ext 127 level, and the target price is 15659. Hopefully we can see clear top be build before we switch our mind to bearish trend.
Position open at Tokyo market open
o 15499 / sl 15446 / tp 15646
Finally I am back to my basic analysis style. NO MORE CONFUSION.
NO SEE, NO HEAR, NO SPEAK. (its a wonderful tip)
Our price had complete fib ext 127 at 15584 level then retrace back down again to touch 15500 level. Unfortunately, this is third time it fail to break down. Due to the inside candle formed at last drop from 15584.
As the result, the next trend will resume to break the 15584 and reach the next fib ext 127 level, and the target price is 15659. Hopefully we can see clear top be build before we switch our mind to bearish trend.
Position open at Tokyo market open
o 15499 / sl 15446 / tp 15646
Attached Image