I have a bullish view for the yen pairs coming week, mainly because Wednesday and Thursday candles from last week are very bullish. The retracement on Friday is an expected correction.
With such bullish sentiment, it's likely to continue moving up.
I'll post trading idea's below when I see the market movements on Monday.
Good trading all and let me know what you think!
With such bullish sentiment, it's likely to continue moving up.
I'll post trading idea's below when I see the market movements on Monday.
Good trading all and let me know what you think!
Note
USDJPY got a good bounce on the 0.5 fib supporting more up moveNote
GBPJPY buy order, be aware of the 0.5 fib resistance zoneTrade active
GBPJPY activeTrade closed manually
bad callNote
Double bottom patterns occuring on quite a few yen pairs, I'm taking long positions on thoseNote
CHFJPYNote
USDJPYNote
AUDJPYNote
EURJPYNote
Be aware of the trend resistance lines for your TP targets, sometimes it's better to take half off and let it run. Nothing is 100% as alwaysNote
Took profits earlier, selling now
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.