107.900 level which was attempted several times was finally broken. Bears are putting a lot of pressure, in fact we are more likely to test the low of the year 104.830.
Possible targets: @107.000 (+30pips) and @106.000 (+130 pips).
Advice: Stay bearish and sell at any high points while we don't break the 108.000 top level.
Hi all, AyadTrade
this is myview on the usd jpy day 1 chart, if it breaks the ORANGE SUPPORT line then expect it going to hit the target, if it counter trades then expect to hit the small resistance line target, next week we can have a better view on it, FOLLOW AND LIKE FOR MORE PRO CHARTS AND VIP SIGNALS! PLEASE CHECK OUT MY PREVIOUS SIGNALS!
DXY HAS COMPLETED A RISING WEDGE & HAS BROKEN IT + WE CAN SEE A BEAUTIFUL BEARISH ENGULFING PATTERN IN THE WEEKLY TIMEFRAME, THAT TELL US DOLLAR IS BEARISH IN THE NEXT WEEKS SO WE CAN SHORT IT.
SUMMARY: TRY TO LONG GOLD & SHORT US PAIRS. FIND A GOOD STRUCTURE FOR A GOOD R:R TRADE.
THERE'S A LOT OF OPPORTUNITIES EVERY DAY JUST BE PATIENT :)