Genghis
Long

USDJPY Danielsan's last breath?

FX:USDJPY   U.S. Dollar / Japanese Yen
192 7 5
Looking for a decent bounce off this bull trend line targeting the recently broken 116 level. Eyes on lower time frames for a sensible entry.
Trade active: Still long at 112.33. Just moved stop up from 110.9 to 113.0
Trade closed: stop reached: Closed at 113 flat

Broken out of structure and still heading in the right direction...
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Just dodged getting stopped out and we've broken out of the bearish structure. Looking to add on dips.
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Long at 112.33
- 50% retrace of inside 4hr bar (blue line)
- support from bullish trend line (thick black)
- completed bat
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Have a pull back to bullish trend line so still on the hunt for long entry on lower time frames
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Mate, this cross is falling like a rock! US will introduce negative rates by the end of the year! Rates hike are capitalist lip service! If they hike rates they put the economy into a dire recession!
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I expect to see even lower levels (well below 100) after this shorts covering bounce, or they call it, dead cat bounce!
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Genghis BusinessInMotion
Sub 100. That really would be a fall from grace. My hopes is to just make it sub 105 but I would be even happier sub 100
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