USDJPY running for buystops...
Hello traders!
One of the models I use got triggered on the 1h timeframe once the breaker failed. Expected draw and everything else mentioned on the chart pretty clearly.
I expect the market to reach the buystops resting at 150.739, and expect the market to tap into the daily ifvg and the daily sibi.
For the daily -ifvg to act as proper inversion, I don't expect teh market to trade above the CE of the gap and hence the expected target of 150.810.
Not financial advice.
GLGT.
One of the models I use got triggered on the 1h timeframe once the breaker failed. Expected draw and everything else mentioned on the chart pretty clearly.
I expect the market to reach the buystops resting at 150.739, and expect the market to tap into the daily ifvg and the daily sibi.
For the daily -ifvg to act as proper inversion, I don't expect teh market to trade above the CE of the gap and hence the expected target of 150.810.
Not financial advice.
GLGT.
Satyajeet P Sahai
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.
Satyajeet P Sahai
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.