Incredo

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About me Always looking to learn, for the Market waits for no one.
Joined Singapore
Markets Allocation
100 % forex
Top Mentioned Symbols
USDJPY 66% | 2 USDCAD 33% | 1
Incredo Incredo USDJPY, 60, Long ,
USDJPY: UJ Long Flag Trade - Medium Term
51 0 6
USDJPY, 60 Long
UJ Long Flag Trade - Medium Term

After the impulse move up we saw on Friday, USDJPY has retraced to form this flag formation, which upon close above the breakout of the flag, we will see 112.7 as final TP. UJ longs are bolstered by good fundamentals on the USD side, despite soft labor data from recent NFP, we should see UJ rise for the short to medium term. Good luck and trade safe.

Incredo Incredo USDJPY, D, Long ,
USDJPY: Road to Riches - USDJPY
120 0 6
USDJPY, D Long
Road to Riches - USDJPY

After breaking out of the Weekly bear channel, we saw a pop up of 300 pips (c.100.8-104.0), and noticed a Bull Continuation Flag building up over the days. Deep Take Profit Point lies at 107.8, with the pole being the same length as seen in the charts. I am looking to Long USDJPY 0.17% till at least 75% of the pole's length, which TP lying slightly above 106.5. ...

Incredo Incredo USDCAD, D, Short ,
USDCAD: Road to Riches - USDCAD
75 0 5
USDCAD, D Short
Road to Riches - USDCAD

USDCAD failed to close above the blue line of 1.32417, which is strong resistance, though challenged and broken, shows that bulls dont have much power to break upside. Challenge of the bottoms is in play now, and we can ride the USDCAD bus down for decent $$$. See you there

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