Since everyone wants to exclude US
Updated
These guys will seek to make moves with president selections and making new deals to stay relevant let's see how this two years go. Nfp can slow price or correct it if not an expected upwards good outcome, I feel like we'd be liquidated but if the price stays above 149.3 it will be seen as a support and a new entry to hold in positive SL to lessen risk
Indecisive market showing range
Candlestick turn around strategy identified
Bulls are very bullish from falling from
350+-400 usd/jpy 💹
Price can retrace but it won't go low anymore unless something huge happens that shocks the dollar.
So a high price will eventually be seen as a cheap one. If they sneak in Mr Trump we'll have a blast again 😂.
Head and shoulders second pattern
M12
Broken trendline showing reversal
Indecisive market showing range
Candlestick turn around strategy identified
Bulls are very bullish from falling from
350+-400 usd/jpy 💹
Price can retrace but it won't go low anymore unless something huge happens that shocks the dollar.
So a high price will eventually be seen as a cheap one. If they sneak in Mr Trump we'll have a blast again 😂.
Head and shoulders second pattern
M12
Broken trendline showing reversal
Note
151.93/152.222 needs a daily to MN close above indicating upside resumptionBulls shouldn't dip below again like it did or we will go back in range 149.
151.61 support below 150.48 bearish turn point
Note
What a trade its turning out to be lets see how the 130/137.5 holds As MN support. The daily 153/149.3 as weekly rejected fast and.twice more rejections will show bears lack of power to push down. More sellers on top holding while 46% buyers so buyers are looking to.accumulate at 153.79 or 158 if not selling can be assumed to 150/157Trade active
155.867Sl 155.75/550 if it holds I'll hold
Trade active
156.4 Sl155.75
Note
Sellers and buyers liquidated on bearish pressure. Funny how price changes constantly can see sellers taking chances the directions up from 155 unless below 156.5 remember sl 151.152 trailing meaning by now its at 154/55 as i said is important. If we dont fall back to that level or 149.3 which was buy bias towards 170/190/220 just like gbpjpy as they twins in correlation to me
Trade active
157./157'15-550 well look for buying opportunityTrail 156.84
Sl 156.35
Note
160.219 support turned 157-137.57 solid support
Buys will be taken if 161.3 shows clear candlestick formation
162.5 target
161.8 missed two weeks in a row
168-170 mn target fir swings 152-154 and 160.94
162_164 range to look for bullish momentous move 170-192
Note
Fomc today 160.94 held wellJuly another buy month this year is crazy bullish like 2021
168 hits
162/64 becomes based support
161.300 must hold or we can see 161.11
Break below 160.927 may open further losses
On the other hand 161.80/162/2222 needs a break above to sign continuation 165/229
Note
161.992 bullish breakout validation for strong continue as today 161.5/45 liquidity hunt
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