TheYangGuizi

Everything went better than expected

FX:USDJPY   U.S. Dollar/Japanese Yen
88 3 3
First trade up = success.

Now at the beginning of the previous leg down. Expecting some consolidation here. A little early to say, but there's prob a little more upside room. Gonna have to see what happens to the momentum though.

Check weekly and you'll see we bounced of a pretty big level.

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coondawg71 PRO
5 months ago
Nice call on the long. I agree with your view. 103.16 area could prove to be an area of basing for good longs.
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TheYangGuizi coondawg71
5 months ago
Yes, some bearish momentum in the shorter timeframes though.
snapshot

Gonna have to see if it's the beginning of something bigger, or if it will be absorbed by the up move.
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TheYangGuizi coondawg71
5 months ago
Those distribution/accumulation lines are drawn from signals I got by that supply/demand indi I found btw. Sometimes it's just pure magic.
+1 Reply
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