USDJPY - Upward trend will continue, Long trade by market price recommended
January 14, 2020 7:57:43 PM
Forecast Details
PairUSDJPY
Direction
Buy
StatusClosed (110)
+50 p
110.50
Target 1
110.00
Entry
-45 p
109.55
Stop Loss
About Author
Alexander Zorevyk
Expert
Related Links
Buy or Sell
More Pairs
Thanks for Voting!
Buy
Sell
Look like you are with the Crowd.
Fix it with Sentiment Strategy
Fix it with Sentiment Strategy
Congratulations! According to Sentiment Strategy you’ve made a right
decision.
You've already voted this pair. You can vote again later (when?) or try voting other
pair.
Total votes: 0
Buy or Sell
Chart & Analyst Comments
- According to the most brokers’ data, more than half of the traders are currently in short positions on USDJPY. As a result, we recommend considering only Long trades at this time.
- The dynamics of the Ratios indicator signals for Long opportunities. Pay attention to the area marked on the image.
- The activity of "fresh" bears while the upward movement may indicate that the market crowd still does not believe in a Bullish trend.
- Set Take profit at the local price maximum.