6J1! trade ideas
6J daily trading as we see market well keep down move until A point, then will go up move with force
6J1! E ora si va giù.... molto giù! Deprezzamento JPY6J1! E ora si va giù.... molto giù! Deprezzamento JPY
Japanese Yen - Continued Divergenece
Most of the day the Yen/USD traded lower breaking the 200 Moving Average through the day - first time its done this since this ramp up started.
Highlighted in hot pink you can see the points of control notice that most the business was done at lower prices today , but closed higher into the S&P / Nasdaq close.
Divergence remains - still time in this trade, thesis remains, lower prices ahead.
One point - US dollar is on the cusp of braking an almost 10 year trend line - if this fails then all bets are off.
CME:6J1! [/symbol
Yen - Out of Steam? CME:6J1!
Yen has had a good run, up with every currency against the USD.
Appears to be gassing - the negative divergence suggest this is distribution.
Moves can be fast and there are virgin points of control below that need attending to.
YEN at major resistancePersistent weakness in the dollar and Yen at major resistance is not a good omen for STONKS
Yen Japanese FuturesIf the Yen cut down the triangle => short
if the yen cut up the triangle => long
buy 6J1! 30.06.2020hello dear traders, 6J1! is going finally up (bullish trend ) and that is good news ,and as probabilities shows that market will have a strong resistance, and there is a 20% that in that resistence market will be back in bearish trend, but in other way probabilities shows again that there is 80% that market will break that resistance to become a support and in that case we double our position))
Yen Future signalsThe Japanese yen future is showing signs to buy. We have that candle squeeze with a higher volume.
It’s time to sell; 6J will decrease to reach the first support S1, and could try to go down to support S2.
Now we sell and wait that green volume with green candle, or we could wait that it reaches the support S1 to end the trade
6J Analysis for intraday tradingHello traders,
The Japanese Yen Future is showing signs of upward trend. We have a high level of volume, so we expect an increasing trend to the resistance R0.
If 6J doesn’t reach that resistance we should sell at the first red volume and red candle.
6J intraday analysisHello traders
6J is showing signs of an upward trend. With the high volume and that special candle, we predict an increasing trend.
We buy right now and sell after reaching R0, especially if we have that red volume and red candle.
But if the price breaks that R0 resistance, we 6J should reach R1 resistance.
The Spring is loaded CME:6J1!
Taking the noise out of the chart with this Renko chart - its obvious that the 'spring is loaded' - the Yen has been range bound for a week, it will make a move.
Thought this move might have more upside but based on this chart - maybe not.
RSI although not in this chart is also weakening. News, or market turmoil can change this quickly. Right now it looks like its holding on for dear life - and heading down.
