USDJPY - Upward trend will continue, Long trade by market price recommended
September 16, 2019 3:58:38 PM
Forecast Details
PairUSDJPY
Direction
Buy
StatusClosed (107.45)
+150 p
109.50
Target 1
108.00
Entry
-135 p
106.65
Stop Loss
About Author
Patrick Yang
Expert
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Total votes: 5
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Chart & Analyst Comments
- The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
- The Profit Ratio reversal indicator doesn't react on upward movement. This means that the movement is not fake.
- The dynamics of the Ratios indicator signals for Long opportunities. Pay attention to the area marked on the image.
- Here is the crucial stop loss level to serve as a goal for our Buy trade idea.
