USD/JPY (Extreme Price Action is Spotted and This might happen)
View On USD/JPY (4 Oct 2020)
We have nice swing with a SL hunt move on the friday.
It is overall a bearish candle but we have to agree that there are bull forces are back in it.
Now What we need is a bullish follow up candle.
I expect it shall grind up/retest the previous resistant of 106.0-106.9 soopn
Let's see,
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
We have nice swing with a SL hunt move on the friday.
It is overall a bearish candle but we have to agree that there are bull forces are back in it.
Now What we need is a bullish follow up candle.
I expect it shall grind up/retest the previous resistant of 106.0-106.9 soopn
Let's see,
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Comment:
View On USD/JPY (26 Oct 2020)
We had a strong sell down recently and so far, it has failed to break lower than 104.3x region.
So, 104.3x region get supported well, it may swing back up. 105.3 will be a good resistant. Be careful as usual.
Let's see,
We had a strong sell down recently and so far, it has failed to break lower than 104.3x region.
So, 104.3x region get supported well, it may swing back up. 105.3 will be a good resistant. Be careful as usual.
Let's see,
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Follow our previous call on 4 Oct? Congrats.
It had a nice break out and it shall be a sustainable one.
Now 105.3 shall good support when it shall visit 106.5-106.9 soon.