Down
BEST PLACE FOR ENTRY USD JPYWe saw a lot of fluctuations last week, based on the terrorist attacks and Trump's ridiculous policies that have stunned and harmed many investors and their fears. There was a lot of news about the growth of the US economy, but the impurities and the unemployment rate were the opposite. Based on Ichimoku-based personal analysis and Kendall Stick models, I predict that the us dollar and the Japanese yen will fall sharply.
No position: No tradeSolid short yesterday: If you didn't open a position last night, DON'T open one today. BTC is 3 waving portfolios to death today(You WILL get liquidated). Wait for pullback for entry.
Expect strong bounce at 40 RSI on the weekly.($6500) Then it's on like Donkey Kong to the upside.
Safe trading.
Im not liking thisTaking a step back I am not liking what I am seeing. I am seeing a possible short down to 7k IF the bulls do not step up and show the bears their horns.
We did not back test our previous level of resistance but instead sliced through it like butter. This is going to be an interesting weekend. I am expecting us to go lower.