#12060

The 700-year-old Starkenberger brewery in Tarrenz, Austria, has seven swimming pools filled with beer. The brewery, which is housed in an ancient castle, converted the old vats in the fermentation room to pools. – WTF Fun Facts

New Post has been published on https://worldwide-finance.net/analysis/trade-idea-eurjpy-sell-at-120-60

Trade Idea: EUR/JPY - Sell at 120.60

EUR/JPY – 119.40

Recent wave: wave v of (C) ended at 94.12 and major correction in wave A has ended at 149.79

Trend: Sideways

Original strategy:

Sell at 120.60, Target: 118.80, Stop: 121.20

Position: – Target:  – Stop: –

New strategy :

Sell at 120.60, Target: 118.80, Stop: 121.20

Position: – Target:  – Stop:-

As the single currency has fallen again after brief recovery, adding credence to our view that recent erratic decline from 124.10 top is still in progress and may extend further weakness to 119.00-10, then 118.70, however, near term oversold condition should prevent sharp fall below 118.50 and reckon 118.00-10 would hold from here, bring rebound later 

In view of this, would not chase this fall here and would be prudent to sell euro on recovery as 120.50-60 should limit upside and bring another decline. Above previous support at 121.00-05 would abort and suggest low is possibly formed, bring a stronger rebound to 121.50 and possibly 121.75-80 which is likely to cap euro’s upside from here.

Our latest preferred count is that wave (ii) is ABC-X-ABC which ended at 123.33 and wave (iii) is unfolding with wave iii ended at 100.77, followed by wave iv at 111.57 and wave v as well as the wave (iii) has ended at 97.04, followed by wave (iv) at 111.43 and wave (v) has ended at 94.12 which is also the end of the larger degree v, this also implied the major wave (C) has also ended there, hence major correction has commenced from there with (A) leg unfolding in its lower degree wave c which has possibly ended at 145.69. Under this count, A-B-C wave (B) has commenced with A leg ended at 136.23, wave B at 143.79 and wave C has possibly ended at 149.79.

Our larger degree count is that the decline from 139.26 is wave (C) and is sub-divided into a diagonal triangle i-ii-iii-iv-v with wave i – 105.44, wave ii- 123.33, wave iii – 97.03, wave iv – 111.43, followed by the final wave v as well as the end of wave (C) at 94.12, this also mark the bottom of larger degree wave B. Under this count, major rise in wave C has commenced as an impulsive wave with minor wave III ended at 145.69, wave V is still in progress for further gain to 150.00. Having said that, this so-called wave V could well be the first leg of larger degree 5-waver wave C and this wave C should bring at least a retest of wave A top at 169.97 (July 2008).

New Post has been published on https://worldwide-finance.net/analysis/trade-idea-eurjpy-sell-at-120-60

Trade Idea: EUR/JPY - Sell at 120.60

EUR/JPY – 119.40

Recent wave: wave v of (C) ended at 94.12 and major correction in wave A has ended at 149.79

Trend: Sideways

Original strategy:

Sell at 120.60, Target: 118.80, Stop: 121.20

Position: – Target:  – Stop: –

New strategy :

Sell at 120.60, Target: 118.80, Stop: 121.20

Position: – Target:  – Stop:-

As the single currency has fallen again after brief recovery, adding credence to our view that recent erratic decline from 124.10 top is still in progress and may extend further weakness to 119.00-10, then 118.70, however, near term oversold condition should prevent sharp fall below 118.50 and reckon 118.00-10 would hold from here, bring rebound later 

In view of this, would not chase this fall here and would be prudent to sell euro on recovery as 120.50-60 should limit upside and bring another decline. Above previous support at 121.00-05 would abort and suggest low is possibly formed, bring a stronger rebound to 121.50 and possibly 121.75-80 which is likely to cap euro’s upside from here.

Our latest preferred count is that wave (ii) is ABC-X-ABC which ended at 123.33 and wave (iii) is unfolding with wave iii ended at 100.77, followed by wave iv at 111.57 and wave v as well as the wave (iii) has ended at 97.04, followed by wave (iv) at 111.43 and wave (v) has ended at 94.12 which is also the end of the larger degree v, this also implied the major wave (C) has also ended there, hence major correction has commenced from there with (A) leg unfolding in its lower degree wave c which has possibly ended at 145.69. Under this count, A-B-C wave (B) has commenced with A leg ended at 136.23, wave B at 143.79 and wave C has possibly ended at 149.79.

Our larger degree count is that the decline from 139.26 is wave (C) and is sub-divided into a diagonal triangle i-ii-iii-iv-v with wave i – 105.44, wave ii- 123.33, wave iii – 97.03, wave iv – 111.43, followed by the final wave v as well as the end of wave (C) at 94.12, this also mark the bottom of larger degree wave B. Under this count, major rise in wave C has commenced as an impulsive wave with minor wave III ended at 145.69, wave V is still in progress for further gain to 150.00. Having said that, this so-called wave V could well be the first leg of larger degree 5-waver wave C and this wave C should bring at least a retest of wave A top at 169.97 (July 2008).

ماكينة لحام الهواء الساخن موديلm2pack.com  OPTF 120/60 التي نقدمها نحن شركة المهندس منسي للصناعات الهندسيه وتوريد جميع مستلزمات التغليف الحديث من مواد وخامات التعبئة والتغليف وماكينات التعبئة والتغليف –  ام تو باك

ماكينة لحام الهواء الساخن موديلm2pack.com  OPTF 120/60 التي نقدمها نحن شركة المهندس منسي للصناعات الهندسيه وتوريد جميع مستلزمات التغليف الحديث من مواد وخامات التعبئة والتغليف وماكينات التعبئة والتغليف –  ام تو باك نقدم نحن شركة المهندس منسي للتغليف الحديث M2pack وصفًا مختصرًا عن ماكينة لحام الهواء الساخن وصف ماكينة لحام الهواء الساخن موديلm2pack.com  OPTF 120/60 التي نقدمها نحن شركة المهندس منسي…

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