mxxtrader

USDJPY 240, broke of major descending dynamic resistence

Long
mxxtrader Updated   
FX_IDC:USDJPY   U.S. Dollar / Japanese Yen
Simple is better, zone to zone uptrend the brake of major descending dynamic resistence that take down the price for about one year and now it s time to go long! also get an eye always at DXY we have broke the major descending TL. Good RR go wwith this!
For have a more clear vision doing a zoom at H1 timeframe sometimes more expressive look at retest of TL and that big bullish hammer in that zone!
Comment:
Don t know why DXY still struggling to brake 93.6 resistence also after positive PMI data from this the weakness of dollar i m thinking if it s good take profit now on usdcad and try to leave this run
Comment:
DXY after brake 93,60 back below this important level again! NFP this week will be decisive
Comment:
Wait the Yellen speech and let s see no deep profit but thighetenin the SL is important market will moves
Comment:
also USDCAD
Comment:
we are moving under minor TL that first has worked as support now resistence and dxy do the same so maybe gonna to drop we have always the SL to protect but if we wanna cut hard the losses this could be one chance to exit at BE
Comment:
EXIT!!!
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