USD/JPY
formed a double top on the daily filter chart as well as a marubozu
candlestick and, naturally, started falling. Thankfully I managed to close my
latest long positions and started selling before that happened. Personally, I
think the target is around 117.50 at best, because I am not sure whether the
bullish trend is over yet. This could be simply be a correction before the pair
starts climbing again. I would certainly watch for signals for the beginning of
such a new movement to the upside.
Very Good analysis. Now the doubt is large!
ReplyDeletegood rally.
ReplyDeleteWell spotted! I'll keep it in mind.
ReplyDeleteVery well spotted! We have to be careful with this asset at this levels.
ReplyDeleteUsd/Jpy just keep giving.
ReplyDeleteVery nice article. Thank you.
ReplyDelete