USDJPY: what if 105 coming again, how to trade?
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Traders,
We have a trendline on weekly chart that we can not ignore now.
The blue line is now definitely a pressure line , a really big challenge for UJ to create a new high position.
And then it gives us a guide that UJ is on its wave 5 down, could a fake wave 5 if this wave would not make a new lower low, otherwise, treat it as a true one.
Never mind, leave it behind us, becoz we still can hunt pips from this weekly chart analysis.
Check daily chart, a broken trendline with a bearish top is now showing us strong reason to short. So could be a strong reason to long gold too.
Check this :
Less is more!
Traders,
We have a trendline on weekly chart that we can not ignore now.
The blue line is now definitely a pressure line , a really big challenge for UJ to create a new high position.
And then it gives us a guide that UJ is on its wave 5 down, could a fake wave 5 if this wave would not make a new lower low, otherwise, treat it as a true one.
Never mind, leave it behind us, becoz we still can hunt pips from this weekly chart analysis.
Check daily chart, a broken trendline with a bearish top is now showing us strong reason to short. So could be a strong reason to long gold too.
Check this :
Less is more!
Comment:
Comment:
Waves to go with
Comment:
Comment:
4h chart is bull for correction now.
If got confusion, pls check back to weekly chart to follow.
If got confusion, pls check back to weekly chart to follow.
