Are buyers or sellers in control? We'll know very quickly within the next few days - if we use magenta strong controlled selling to build liquidity and then gap up above purple tapered, we'll know bulls are. However, if blue tapered controlled buying (the algorithm that has built liquidity for the bears over and over again prior to massive drops) holds price, we...
Good Monday! this is a good analysis on how JPY could be a good idea to trade this week after the run up that all currencies did against it. Fundamentals, Japan has had some good news on their books, we will see how the liquidity responses to this .
Good Morning Traders, As this bullish pennant is formed, it is safe to say that a entry after a breakout of 1790 looks solid. I'll keep it short and simple. Entry: 1796 Stop-Loss: 1711 Take Profit: 9-13% Once hit, be prepared to look for reentry . Not providing any financial advice nor am I a financial adviser. DotcomJack