On a weekly chart, Silver is showing strength after breaking out of a long term wedge, retracing and bouncing off the top line of the wedge. Why against the yen? Because of the extreme yen weakness that is likely to continue in the coming weeks/months. Note this is a log scale. Target: ¥5450, a 72% move up from here. An early entry now gives a great RRR. If...
FIAT currencies around the world LOSING purchasing power. SILVER is coming for the Euro & US Dollar NEXT! #xagusd #xagjpy #silver #gold #xageur Notes bull flag above breakout HUGE VOLUME DEFINED BASE #1 HUGE VOLUME DEFINED BASE #2
HIS IS MY BEARISH TREND ANALYSE. WAIT FOR FALL BACK PREVIEWS SUPPORT AND RESISTANCE ZONE AND WAIT TO HOW TO RESPECT FOR PRICE IN ZONE AFTER TREND CONTINUE TO DOWNTREND MOMENT YOU CAN SELL YOUR ODER LH LEVEL HOWEVER WAIT FOR STRONG PRICE BREAKDOWN TO BEARISH .GOOD LUCK
HELLO TRADER'S THIS IS MY BULLISH TREND ANALYZE . WAIT FOR COME KEY LEVEL AFTER TREND CONTINUE TO UPTREND YOU CAN ENTRY .THIS IS MY OPINION ONLY NO MORE SIGNAL
Consider chart pattern and next year Olympic games, JPY maybe on the way of a sharp depreciation.
POTENTIAL GOOD OPPORTUNITY WITH LIMITED RISK USE GAP ON SILVER BETWEEN JPY AND EUR -CURRENTLY 13 %
We have a inverted head and shoulders in development on weekly timeframe which indicates this year yen will we weak against precious metals and possible major curriencies. Drop down timeframe to look for buy setups and try to keep trades for longer time period.
6 April 2017 plan Xagjpy sell stop loss: 2100 entry: 2010 exit 1: 1879 exit: 1635
target on HVF is close to 2300.
Huge bull move about to take place here... When i have found this set up in the past it has yielded insane returns. This also fits perfectly with the breakout yesterday in USDJPY, i do not advise shorting this.
Obvious weakness,as the price fails to advance above the 0.382 level. Obvious lower lows and downtrend. Close long positions and sell.