Description
⋅ Hey Traders,
If you load up your higher TFs you can see a series of sideways movement.
Trading on logic, what you have seen, and natural price action rules is vital for consistency.
Watch for more.
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⋅ Looking short.
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⋅ Lock in gains.
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⋅ Maintaining lock in. Do not short this and long others.
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⋅ Hold off longs until lower.
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⋅ Minor support approaching with long bias applicable.
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⋅ exit alike other yens.
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⋅ Re shorts.
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⋅ Exit shorts for gains.
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⋅ Re shorts above prev high. Minor scalp longs applicable currently.
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⋅ Look for further longs (light).
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⋅ Further entries applicable at W support.
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⋅ Light longs (M/W Support)
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⋅ Exit, looking to reshort.
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⋅ Maintaining approach above, inline with other yen assets. Make sure you do not overleverage.
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⋅ Light entries.
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⋅ Further light entries applicable.
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⋅ Still teetering at Re-short areas. BOJ sentiment inflow required for strength into JPY and further falls. Still tech short.