USDJPY - Upward trend will continue, Long trade by market price recommended
July 30, 2019 12:13:29 PM
Forecast Details
PairUSDJPY
Direction
Buy
StatusClosed (108.71)
+70 p
109.20
Target 2
+50 p
109.00
Target 1
108.50
Entry
-50 p
108.00
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: 9
Buy or Sell
Chart & Analyst Comments
- The decrease in the volume of buyers, together with the increase in the volume of sellers, confirms the need to buy, according to our trading idea.
- We see a sharp increase in sell orders as indicated by a number of brokers, which may indicate an act of a major market player. Expected upward movement.
- We see a cluster of stop losses and stop orders right at the level of the previous peak. This is a good level for placing our take profit according to our forecast.