*Personal Journal Only*
As my USJPY trade is already with the stops at Breakeven, I can look for other trades and stalking this pair and/or AUDCAD that have a very similar setup (CAD correlation).
Buy limit @1.52329
Stop @1.51915
Profit @1.53007
I will leave a order on AUDCAD as well, but will involve only on 1.
Long-term Bearish Bias - Daily : Long Term expecting price to reach these lows (marked out): 1)109.116 2)108.803 3)108.541 4)108.131 5)107.320 Invalidated if 114.513 level gets taken & Price closes above this level.
The situation on Korean peninsula remains one of the most high-quality and coherent dollar signals, especially paired with the yen. USDJPY lost half a percentage point in the course of trading on Friday after Kim Jong-un again threatened to conduct a nuclear test in response to Trump's statement to destroy North Korea. In the medium term, USDJPY buyers remain the...
Shorted USJPY at 124.25 based on my previous pattern on USDJPY. Break below 123.56 for better confirmation and may also close as a doji or shooting star on daily chart.
USDJPY Daily
USDJPY is trapped in a range between 118.25 - 120.90
If price pushes up to 120.90 zone, I will be looking to short USJPY given bearish signals on lower time frames (H4, H1)
If prices moves down to 118.25 zone, I will be looking to buy USDJPY to 120.90 again
I was waiting for this setup several days, las time i lost a trade but my analisis is the same (loosing is part of this game)
Now many signs tell us the bullish rally finished for this pair.
This could mean also de USJPY will do the same (there are higly correlated).
We must be prepared for that
Greetings
