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USDJPY - Upward trend will continue, Long trade by market price recommended

Patrick Yang on FXSSI Patrick Yang Expert
main-buy-market-trend-1
Forecast Details
PairUSDJPY
Publication Time9/16/19 3:58 PM
Direction Buy
Status Closed (107.45)
Sep. 16, 2019
Sep. 23, 2019
Forecast
+150 p
109.50
Target 1
108.00
Entry
-135 p
106.65
Stop Loss
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Chart & Analyst Comments

main-buy-market-trend-1
  1. The decrease in the buyers volume, together with the increase in the sellers volume, confirms the need to Buy, according to our trading idea.
  2. The Profit Ratio reversal indicator doesn't react on upward movement. This means that the movement is not fake.
  3. The dynamics of the Ratios indicator signals for Long opportunities. Pay attention to the area marked on the image.
  4. Here is the crucial stop loss level to serve as a goal for our Buy trade idea.
    index: 1x 0.026332855224609s
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t_/popups/on-download: 1x 0.00043916702270508s
t_/common/cookie-banner: 1x 0.00033187866210938s
service-routes: 1x 0.00022602081298828s
t_/blocks/sidebar-afil: 1x 0.00014591217041016s
router_redirection: 1x 0.00011897087097168s
t_/popups/zoom: 1x 1.6212463378906E-5s
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