One of the best trades to carry for couple of months for huge r:r potential the risk is low and the probability is high due to buying the multi year lows the fundamentals change don't worry about the china etc etc
USDJPY going for 103 Better to wait for longs or dive in lower tfs for shorts
As it has been expected the longs are favorable at these lows I've updated the the chart regardless of no need for an update.
Seems like the mid-term bottom is set longs around these lows would like to bring some profits
It has been a good trading market for short term trend traders. R:R wise a swing trade is on the corner. Shorts around 1450s are promissing. The rest is risk and money management. First target has been shown, the next one would be 1200 and below.
Simple setup. building up longs here on these lows looks like promising. Eksi, edy.
Short idea and the potential target has been shown eksi, edy.
Basic chart pattern and good R:R Room for more! Eksi, edy.
The end of the dollar will start in a year or two. Hold on to your multi-year dollar short positions. Eksi, Edy.
A higher high most probably would be fake-out. I'll follow shorts only. eksi, edy.
Trading the possible down trend plus selling the highs. If new HHs, that would be a short squeeze and will be a SL as well. Targets have been marked! Eksi, edy.