USDJPY Short Idea
Mar 25, 2020 at 06:01
1,546 Tampilan
5 Balasan
Menjadi Anggota Sejak Nov 06, 2018
81 postingan
Mar 25, 2020 at 06:01
(diedit Mar 24, 2020 at 17:21 yang lalu)
Lots of USD pairs are at questionable highs. With the market acting crazy, could we see the Dollar to crash, in my opinion I reckon it is due to - but it’s only a matter of time. With the Fed injecting ‘unlimited’ amounts of money into the market, this can only end back sooner rather than later.
Here I have marked up USDJPY. You can see that price is respecting trend quite well, and price is making it’s way back up to a supply area where price previously crashed around 1000 pips - could we see this happen again?
I’ll be looking to sell around the 112.0 area depending on price action.
Let’s wait and see. Good look and risk accordingly if you decide to enter.
Here I have marked up USDJPY. You can see that price is respecting trend quite well, and price is making it’s way back up to a supply area where price previously crashed around 1000 pips - could we see this happen again?
I’ll be looking to sell around the 112.0 area depending on price action.
Let’s wait and see. Good look and risk accordingly if you decide to enter.
Lampiran:
Menjadi Anggota Sejak May 09, 2019
2 postingan
Mar 25, 2020 at 06:50
(diedit Mar 25, 2020 at 06:51 yang lalu)
Agreed. However, watch out for support around 109.6. If the market holds above this price USD/JPY will likely stay bullish a while longer. I would go short once price has gone down between 108-109
Menjadi Anggota Sejak Feb 16, 2019
26 postingan
Mar 25, 2020 at 16:17
I think youre right pete
Menjadi Anggota Sejak Mar 15, 2019
76 postingan
Mar 27, 2020 at 00:29
I've been reading some very mixed opinions on the forecast for the dollar. Most believe it will remain a safe haven for some time yet. I'm holding back on the shorts.
All or nothing
Menjadi Anggota Sejak Jan 10, 2020
36 postingan
Apr 15, 2020 at 16:53
Did you notice all this day usdjpy go to sell? It was a great time for sell trade. It's a pity I noticed this too late. I think there will be a rollback soon.
Menjadi Anggota Sejak Nov 09, 2018
204 postingan
Apr 22, 2020 at 13:47
The market moves in a narrow channel. The triangle formation on USD/JPY is completed and I expect the further impulse.
Buy signal area is 108.0-10(MA250 4H) with a target at 108.65(MA150 4H).
The 107.60 (MA150 4H) support is now affecting the price and in case of breaking down, the next level will be 107.30.
The triangle will be breached after breaking through 107.00 level with targets at 106.50 and 105.25.
Buy signal area is 108.0-10(MA250 4H) with a target at 108.65(MA150 4H).
The 107.60 (MA150 4H) support is now affecting the price and in case of breaking down, the next level will be 107.30.
The triangle will be breached after breaking through 107.00 level with targets at 106.50 and 105.25.
Lampiran:
#AnthonyWins
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