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FUNTRADER-Vera
Jan 12, 2018 8:31 AM

USDJPY: still possible down from 114 to 109 Short

U.S. Dollar/Japanese YenFXCM

Description

Traders,

Two trend lines on the chart telling you why still not ready to long UJ.
Dollar is weak, on the opposite, YEN n GOLD are getting strong.
Season issue is one fundamental thing.
Back to the chart, you can also find out the clues.
Two trendlines broken , waiting for answer.
One is done, the other is not yet.

This is not a trading signal asking to entre short right now.
Coz support is here , a small correction would help.
Less is more!

Comment

Comment

drop down through the support zone.

Trade closed: target reached

Trade closed: target reached

Comment

blue zone hit
Comments
aliciagarcia
excelente análisis se cumplio la meta
erickevard2018
Great analysis! Still holding short positions
FUNTRADER-Vera
@erickevard2018, yeah, thats good to you .
Oath
I’m think ending for downside and friday usd big move down and gold up but I see Uj slowdown limit so I focus 110 duble bottom and market move up
FUNTRADER-Vera
@Oath, alright, thank you for sharing it here.
FUNTRADER-Vera
stilll valid..
UnknownUnicorn1818795
USDJPY is at 111.070 now. I'm still holding positions for long.
Is your bearish forecast still valid?
FUNTRADER-Vera
@itexperience, yes
Alexga
Its look bullish, i think.
FUNTRADER-Vera
@Alexga, bearish to me
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