USDJPY INSIDE A CONSOLIDATION, WAIT FOR A BREAKOUT!!!

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jan 31, 2017 8:54 PM

MARKET ANALYSIS: The pair is now trading inside a consolidation. If the support holds on we can see a rally up to the resistance zone again. If the market breaks the support, we can short the market after a retest of the broken support. So lets wait and see what the market does in the coming days, Cheers!

Trade active

⋅ Feb 1, 2017 8:46 AM

going towards the targets

Comments

TradZ

⋅ Jan 31, 2017 8:55 PM

Yes Sir I was just noticing this ;)
Thx

Kishore

⋅ Jan 31, 2017 8:57 PM

@TradZ, Ur welcome. cheers!

SilverioSan

⋅ Feb 2, 2017 4:45 AM

I am long too on this just triggered, Agree with your idea had the same without see yours ... Exellent confirmation for me.

prshivanefx

⋅ Feb 1, 2017 9:48 AM

@Kishore Do you think to wait to pullback 112.60 then go long or I missed it??
Thanks...