USDJPY : THE LOST AND NOT FOUND! HELLO BEARS!
Hi traders!
As our last entry for the week (for a total of 3 including this one) we are now up a little over 300 pips!
Analysis of this pair is coming off what is happening everywhere else.
DXY made yet another 12 month low
Gold made yet another 3 month high
This pair broke again support today
Closing under our FIB drew a month ago approx
We got confirmation of that divergence
MACD faked the hell out of everyone!
For all those reasons, we are heading lower on USDJPY. We already opened a short, here are the details :
USDJPY SHORT:
ENTRY : 108.644
SL : 199.456
TP 1 : 106.866
TP 2 : 105.631
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
As our last entry for the week (for a total of 3 including this one) we are now up a little over 300 pips!
Analysis of this pair is coming off what is happening everywhere else.
DXY made yet another 12 month low
Gold made yet another 3 month high
This pair broke again support today
Closing under our FIB drew a month ago approx
We got confirmation of that divergence
MACD faked the hell out of everyone!
For all those reasons, we are heading lower on USDJPY. We already opened a short, here are the details :
USDJPY SHORT:
ENTRY : 108.644
SL : 199.456
TP 1 : 106.866
TP 2 : 105.631
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Trade active
ALREADY UP 100 PIPS...!MOVING SL IN PROFIT
Trade closed: target reached
Touched SL in profit.Another succesful trade!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.