USDJPY | Perspective for the new week
The decline of the Greenback accelerated following the release of US economic data and bottomed at 136 to test the bullish trendline identified on the daily time frame hereby reaching its lowest level in two weeks. Now, the question is: Is price action going to respect or breakthrough the bullish trendline during the new week? In this video, I have explained how to take advantage of any momentum that comes in.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Risk Disclaimer:
Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith.
Past performance is not necessarily indicative of future results.
Handel aktiv:
Two scenarios at the moement
Good morning
Good morning
Handel aktiv:
a couple of rejections of the key level @ 136.650 is likely going to incite a bearish drive. Let,s see if there is going to be a breakdown of the trendline to give us the bearish signal.
Good morning
Good morning
Handel aktiv:
It has been a long wait! We now have a bearish signal in the form of a breakdown of the key level at 136.650; it's time to lookout for a reversal pattern in the lower time frame to join a potential decline.
Good evening
Good evening
Handel aktiv:
Good morning
Good morning
Trade stängt manuellt:
Expecting price to come back and do a retest of structure to join the trend continuation
Trade smart. Trade consciously
