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Yes, Give it to me

Finally it’s back! (Chart Talk 30-10-13) 

Last Updated: October 30, 2013

By Rayner

ej

Had request for analysis on the Eurjpy so here it is. I do not have any setup on this pair but here’s my take on it.

It’s in an uptrend but the strength of it appears to be waning. Look at the impulse move and you’d notice it seems lethargic because it breaks the previous high but not by very much and the candles are not strong and decisive. Thus i’m expecting a consolidation of this pair in coming weeks.

echf

Potential Gartley pattern setting up on Eurchf. You can look to sell at the green zone with stops above the swing high.

cj

Been eyeing this setup for quite a while now. Looking to long at green zone should price reaches there.

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