I'm looking at a possible triple top on the Japan 225. It is a critical zone on the weekly that could affect lower time frames. This is called stalking.
with my strategy, it's probably open a long position and have a profit
resistance at price 74.3 and after the support is at 72
Looking for a long buy position on this one.
Traders seem to be in risk aversion mode to start the week off of negative developments in the U.S.-China trade story. With fear on whether or not we’ll see tariff rollbacks on China, odds have risen that the trade deal may not go forward. This has sent equities, bond yields and oil lower, and seems to be supporting the safe-haven currencies like the Japanese yen.
TVC:NI225/USDJP is at the same level it was in 1991,1995,1997,2018. The horiztontal trendline extends from 1990-2019 nearly 30 years. A closing above this trendline on a monthly basis will signal a bullish scenario in the Japanese stock market in my opinion.
Daily Chart Explanation: - Price the Weekly Triangle. - Price is currently on a Bearish Corrective Structure. - If price breaks the Structure, it has potential to move down towards the Support Zone. Weekly Vision: Updates coming soon!
Aveiq Capital Management Group 15th November 2019 GBPJPY has been in a strong uptrend. We saw price reach the 141.000 area and has since been ranging. We are expecting a break to the upside. A good entry would be from the bottom of the range or current price area. We are targeting the 143.000 banking level which gives us a yield of 3.00%.
GBPJPY has been in a strong uptrend. We saw price reach the 141.000 level and has since been ranging. We are expecting a break to the upside. A good entry would be from the bottom of the range or current price area. We are targeting the 143.000 level which gives us a yield of 3.00%.
Price looks overextended for this pairs long term downtrend. There is a lot of indecision going on around 140.00
If we look at DXY, we can see that it is currently very bullish. We are expecting moves to the upside. We have an area marked out at the 108.65 level. We are taking entries at current price. We may experience some consolidation at the current price area before seeing that move up. Based on price action, we can see that there is still a majority of buyers within...
Aveiq Capital Management Group 14th November 2019 If we look at DXY, we can see that it is currently very bullish. We are expecting moves to the upside. We have an area marked out at the 108.630 level. We are taking entries at current price. We may experience some consolidation at the current price area before seeing that move up. Based on price action, we can...
USDJPY SELL IDEA , a clear rejection followed by a pin bar, Kindly share your thoughts in the comments section. My previous idea for usdjpy buy can be closed at breakeven. thank you.
Long term buy JP225/NIKKEI225 Follow on Instagram @logic.worldwide