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motleifaul
Jul 24, 2016 9:44 PM

Trend changing? Long

U.S. Dollar/Japanese YenFXCM

Description

A break above the 107 level may gve way for a further strong rise up to a trend change.
A brave man may take a first position now already, with cautiouseness however.

Trade closed: stop reached

Comments
jangseohee

how does that sound
Yen HS and UJ IHS
motleifaul
Thank you for this chart. The inverse correlation is obvious. But I don't have a conclusion fpr trading at moment. No matter what kind of chart formation it is - a break out of the rectangle will probably result in a large movement into the direction of the breakout. We shall watch it. Insofar, thank you!
jangseohee
no worries, trade your own analysis
i am just presenting you the big picture
motleifaul
Sure, friend, your are always very much welcome.
TradZ
Alway's wait for a candle close:)
motleifaul
Please, feel free to do so. :-)
TradZ
Yes indeed:) If your playing the Daily that is:)
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