Happy Weekend Traders
Market managed to break below 101.50 earlier this week where we advised that below this level more drop may hit market toward 99.00-50 zone, as we see over the char market facing resistance at 102.00 and 102.85 where as long as market holding below one of those level more drop will be expected toward 99.00-50 zone
Above 102.85 market may sustain advance toward 104.00 level so keep your eyes on this, as well as the $DXY (attached)
GL and expect some nice movement in the pair before the leg up to 110.00 EoY
http://www.tradingsignalreviews.com
Market managed to break below 101.50 earlier this week where we advised that below this level more drop may hit market toward 99.00-50 zone, as we see over the char market facing resistance at 102.00 and 102.85 where as long as market holding below one of those level more drop will be expected toward 99.00-50 zone
Above 102.85 market may sustain advance toward 104.00 level so keep your eyes on this, as well as the $DXY (attached)
GL and expect some nice movement in the pair before the leg up to 110.00 EoY
http://www.tradingsignalreviews.com
Comment:
see other usdjpy ideas on the chart above
Trade closed manually:
-15 pips don't like this at all
Trade active
Comment:
stops at breakeven for those following
Comment:
congratulations to those who stayed along for the ride
Trade closed: target reached
Going to 114.000? Why do you assume that? No worries I think its going up as well, to the 107 area but 114? Hmmm. I had to ask. :)
Reply
Hey mate you were right, had longs from 100.820 or thereabouts which I've held so lets sit back and enjoy 110!
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Sooo are you saying that your charting a temporary dip (that will form the 'C' leg) down to 99.000 before going up ( forming the 'D' leg) to 110?
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