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Bonavest
Jul 1, 2017 4:26 PM

LONG Another DeJaVu Gap Up After Weekend Long

U.S. Dollar/Japanese YenFXCM

Description

This is what I am seeing on UJ with USD ( DXY 0.07% ) getting primed for a turn around and another possible run to the UP side. As per my previous LONG idea (You-Jay All Day) we are still following the same uptrend as in April this year.

The chart on the left was back in MAY, the one on the right is this past Friday.

So I am tempting fate with seeing the market repeat itself again with another GAP UP or at the least a nice UP day at the beginning of the week.

Comment

So looking at the price action in MAY for a second time... I realize we might not see a gap because that Firday was an NFP Friday and could have been what helped give that extra push of LONG bias.

We will see in a few hours...
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