EN

The market has stabilized, the first signs of an uptrend appeared

Patrick Yang on FXSSI Patrick Yang Expert
main-buy-trend-2
Forecast Details
PairEURJPY
Publication Time1/10/20 8:32 AM
Direction Buy
Status Closed (120.90)
Jan. 10, 2020
Jan. 17, 2020
Forecast
+160 p
122.50
Target 1
120.90
Entry
-140 p
119.50
Stop Loss
Related Links
How to use MT4/5 Indicators Tools
Recommended by FXSSI
XM Group
2009
Visit Website
Your capital is at risk. *T&Cs apply

Chart & Analyst Comments

main-buy-trend-2
  1. Majority of traders are still holding onto Shorts. This means we should continue to Buy EURJPY.
  2. The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
  3. These accumulation of retail traders stop losses coincide with the level of the previous high. This level will serve as the target for our trade.
  4. Stop loss should be taken out of the sellers cluster. If the price passes it, it will likely go on.
    index: 1x 0.042672872543335s
t_/pages/forecast: 1x 0.040597915649414s
t_/common/header-new: 1x 0.028067111968994s
t_/common/head: 1x 0.024435043334961s
t_/common/footer-new: 1x 0.0025818347930908s
router_page: 1x 0.0010890960693359s
router: 1x 0.00075006484985352s
t_/popups/on-download: 1x 0.00051999092102051s
t_/common/cookie-banner: 1x 0.00050878524780273s
service-routes: 1x 0.00033807754516602s
t_/blocks/sidebar-afil: 1x 0.00016903877258301s
router_redirection: 1x 0.00011706352233887s
t_/popups/zoom: 1x 2.7179718017578E-5s
----- END OF DUMP (2026-07-15 06:35:07)  -----