After the broken of laterality trend, now Cday pullbak until the top area of the laterality, good chance to buy.
Fundamentals are not the best, but they are ok.
SL under the level of 50, (49.40)
The price of usd/jpy is not able to break up the static resistance. This because of the macro scenario we can find around the us economy. We can find the minor one around 111.90. From here it is channeled again into a very short/short-term downtrend. That should bring it back to test the dynamic support area. As this movement is one of the most common in this...
Above a resistance level.
Resistance level tested 4th times.
Divergences on DXY.
Divergences on h4 timeframe.
The strong of the last bearish impusle.
Buy a half at a market price, and the other half when the HCH is complete.
I prefer to put the take profit at the pivot point 0.7170-0.72(correction of 38.2%) instead of the...
The market-price is lateral. A good and conservative price-entry would be only if the price rises to or above $8121, with a Stop-loss at or below $8059.
And analysing previous price upwards, there was a variation of $ 80, so you could set your first target at $ 8155 or above. This is a conservative scenario, with slow bull run.
If it happens to start a crazy...
Price has kept fluctuating between 2000 and 2300 approximately, after the strong bullish trend that was presented days ago. This may indicates a break for a possible continuation or perhaps a selling force that begins to turn the trend.
A red candle greater than that observed in previous days, the price is not able to make yet another attempt to break the resistance, a MACD that begins to show weakening. They are signals that can indicate a beginning of laterality in the price or even beginnings of a return towards the marked support.
Me siguen preguntando por JMIN y la respuesta es la misma, esto sigue lateralizando con pequeña tendencia bajista, sin momentum, sin intención y lo mas importante sin volumen. Vamos a tene runa señal clara cuando esto despegue y vaya a hacer nuevos máximos. Por ahora paciencia!
Since the day that the feds raised the rates, it appears that UJ topped out at a resistance zone of 118.5 | It has gone back to a sideways lateral movement in similar fashion to pre-American interest rate hike, While UJ has maintained a bullish long stance over the last months, it appears that for now it will stay lateral and is prone to spiking up or dropping...