EXPR - Bottoms UP!EXPR putting in a bottom and finding strong price support at this level from earlier this year. Also catching two significant long-term trend lines.
Price holding/testing this range for the last 3-days = bullish
Indicators oversold/turning back up. MACD bullish cross on deck.
Adding to shares.
Not financial advice.
Adding
UUSDJPY trend is broken, correction is comingI has already shared my opinion about USDJPY market at the beginning of this week, an this idea is quite profitable for me today. Follow me for getting more valuable ideas :)
Now we have one important trend line broken and it gives opportunity to open some very safe positions, with TP/SL coefficient around 6. I have added to my position and see 2 goals here - Moving Averages and the old one - weekly trend line. My plan is to close half on each. In the MAs area I am going to turn my trailing stop on (500 points). In the case of SL and turning up again I will reopen. Anyway I'll post my progress on this idea.