Hello Everyone! Time for USDJPY "DUH DUH DH"
So I'm expecting the price to Drop mainly because the overall trend is still down. This is a confirmation which means I would not short the market.
- I can see the 0.618 fib which was held previously.
- This might a pull back but It's a good place to look for entry guys.
- There are more market gaps to the upside as it is on a downtrend.
- Need to look out for the market gap on the downside too.
- As you can see the order were filled and price pushed up.
- If the price break above 107.900 I would consider this trade to be invalid but I would risk less on this trade (which is 0.5% )
*This pair can be easily influence from the news*
Thanks for positive message and feedback. I hope all of you are doing well and let's kill the market and be victorious.
Remember there is always a reason why price move the way they move. You cannot be always right but you can have advantage over the markets.
So I'm expecting the price to Drop mainly because the overall trend is still down. This is a confirmation which means I would not short the market.
- I can see the 0.618 fib which was held previously.
- This might a pull back but It's a good place to look for entry guys.
- There are more market gaps to the upside as it is on a downtrend.
- Need to look out for the market gap on the downside too.
- As you can see the order were filled and price pushed up.
- If the price break above 107.900 I would consider this trade to be invalid but I would risk less on this trade (which is 0.5% )
*This pair can be easily influence from the news*
Thanks for positive message and feedback. I hope all of you are doing well and let's kill the market and be victorious.
Remember there is always a reason why price move the way they move. You cannot be always right but you can have advantage over the markets.