as I`m still unable to trade currently I just share some of my views and plans for you.
USD/JPY could fall drastically with falling yields as USD would be under pressure while JPY gets its benefits!
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Peace and good trades
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welcome to a new free trading-setup.
Waiting for break of neck-zone and trendline.
Volume, momentum and volatility has to confirm before we place a sell-order.
Target 1: 106,015
Target 2: 105,850
Target 3: 105,700
Stop-Loss: 30 pips
Risk: 0,5 % - 1% ...
As we can see, the moving averages are lined up nicely for a buy. Whenever the smallest moving average is on the bottom and so on and so fourth, it tends to indicate that the market is signaling a reversal to the upside. Just bored, on this Sunday morning so I'm trying to give my bias. Hopefully someone has a takeaway from this idea.
welcome to another free trade-plan.
Important: This is meant to be a preparation for you. As always we will have to wait for a breakout and confirmation.
Market Buy: 109,000
Target 1: 109,380
Target 2: 109,840
Target 3: 110,200
Stop-Loss: 53 pips
- UJ has held up to key support levels so I am expecting some upward pressure to continue.
~~~~~~Looking for possible resistance at price level now, then buyers will flock out of trade (they get nervous)
~~~~~~ you will see institutional investors pile on long(buy) positions to continue the dollars inflation path
--> Call made based on technical factors going...
I will list the factors that might lead to a BIG SELL on UJ soon.
1)Looking left, you can see that price broke out VERY STRONGLY from the symmetric triangular formation(light purple triangle.) This is a BEARISH SET-UP.
2) The Trend Line Resistance(Royal Blue line) has capped the upside since October'18. And this week as well, it has managed to stop the upside....