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GrowingForex
Apr 19, 2017 10:15 PM

A long idea for Long Term with confluence of DXY (ZR). Long

FX:USDJPY1D
U.S. Dollar/Japanese YenFXCM

Description

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Dear Traders and followers,
There is an expectation that usdjpy price will react as per my idea. Most important price is 107.80, it should not break if happen so then structure will change.
There is an expectation that Dxy price will approach double top or may break that level.

Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.

Good Luck...!!
Regards,
Growing forex Team

Comment

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updation for dxy

Trade closed: target reached

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DXY target Reached

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usdjpy short this area.

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first target reached

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+300 pips achieved.
USDJPYusdjpylongusdjpyanalysisusdjpybuyusdjpylongsetupusdjpyforecastgrowingforex
Comments
quql
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great preadiction
GrowingForex
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@quql, thank you
ErkinTalhaAlakay
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i mean considering BOJ desicion on thursday, your target is still valid?
GrowingForex
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@ErkinTalhaAlakay, thanks for your feedback. after french election uj will make higher high because of dollar will become strong in longer term.
ErkinTalhaAlakay
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@GrowingForex, thank you bro. how do you think bank of japan meeting will effect the pair?
GrowingForex
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@ErkinTalhaAlakay, news does not matter for my team.we works on technical analysis as well as use money management concept.
GrowingForex
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@ErkinTalhaAlakay, because we can't know whats going on in ministry of finance and commerce.
ErkinTalhaAlakay
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so still we shouldnt expect short on uj?
harahiroaki
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very nice idea!
GrowingForex
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@harahiroaki, thank you.
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