DISCLAIMER: This is not trade advice. This is for educational purposes only to demonstrate how I am looking to participate in this market. There is significant risk involved in trading, do your own homework and due diligence. COT Strategy SHORT Japanese Yen (6J) My COT strategy has me on alert for new short trades in 6J if we get additional bearish entry...
Hi folks today I'm prepared for you JAPANESE YEN analytics. Last month, Japanese Yen dropped to the level of 129.65 and after the test started to move in an uptrend. Subsequently, the price reached the level of 137.75, from which it started to decline and made a deep correction. After retesting the trendline, the Japanese Yen continued the uptrend and broke...
Hi everyone, as you can see on the chart we have buyers squeez, which means that sellers will take the market. SELL 6J1!
We have a sell signal Take profit Mentioned in the chart Stop loss: you can close it manually if the market goes up and the green candle cut with force the VWAP Line
Probability: 65% the market will keep going down and we have a Sell Signal! Take profit & Stop loss on the Chart.
Short UsdJpy. Japanese Yen will strengthen against all currencies. Green boxes are long term targets.
USDJPY has a number of trends going against it to force price action downwards. Technicals and fundamentals are not on the dollar's side against the yen. Traders can see a number of oscillators and MAs suggesting USDJPY is overbought and due for a reversal. Moreover and probably more impactful are the fundamentals of the global economy which suggest major growth...