I moved the target zone lower then where I had it on my last post I posted for USDJPY. It's still the same sell play.
We have a couple confirmations happening. We have a bullish shoulder, head, shoulder. Also a bullish engulfing on the 4hr time frame. For the Yen news, JPY trade balance (nov) increased. My 10,17 moving averages on the 2 hr have crossed for a bullish trend. 1017 brick squad!! S/0 to all my Peruvians who get their money legally! A good sign we can all look at is a...
1.Waiting for future release on Dec. 18. 2.Federal Budget Balance; Previous: -60.B - Actual:-139.0B
Dollar Soars To 3-Week Highs on Signs of 'Inflationary Pressures' sited from: www.investing.com
U.S. 52-Week Bill Auction went from 1.485% to 1.650%. Doji on 30 minute view.
so far this week we had a sell play that started sunday then a bullish play that started monday/tuesday. Now it's getting ready for a sell play again to continue the weekly bearish (red) candle stick. I'm waiting for my moving averages on my 1 hr to cross for my confirmation for a sell play, once my moving averages cross I will enter
Keep your eye on my chart from time to time to see the moving averages cross. When they do that's a great confirmation for a bullish play.
Buy if it crosses the buy confirmation line. You should be safe. Enjoy! Smash the like button please :)
The new monthly candle is a bull candle right now. Also the weekly and daily. if the candle is still bull in the daily as some candles cross the buy confirmation line in the 1hr, you should be in a safe buy play. Enjoy :) Please smash the like button!! Thank you!
weekly is red candle, monthly is still red candle, sell major trades right now. daily candle is red
Hopefully we'll see a retest so we can jump in for a sell.
Monthly is still a red candle so I'm looking out for bearish plays right now. This week it started with a green candle on the weekend that's why we had the big push up and then a rest of another push up, creating a possible left shoulder and head. Hopefully a right shoulder will get created and get ready for a sell play
price has reached a trend line, potential reverse.