Hello all - DuncanForex here with another trade idea
With my positions from the 17th July holding on and my positions on the 22nd July stopping out at break even, I am looking to get back in to USDJPY.
This morning the retracement trendline has been broken - I now expect USDJPY to head far lower as the weekly candle is a doji - it has spent the last 2 days retracing inside that range and is now set to head lower.
In turn, Gold I do expect to get up to the 1450 area in the coming week
This move will be a great one , don't miss it.
i'll have 3 positions open so if they win, it'll be over 40 to 3 in terms of win vs risk.
I do intend to compound the move and enter again on smaller retracements as the week unfolds.
Overall I expect to get over 100 % capital growth increase on this move
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Thanks for looking
Duncan