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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 0.027493000030518s
t_/pages/forecast: 1x 0.026159048080444s
t_/common/header-new: 1x 0.01784610748291s
t_/common/head: 1x 0.015008211135864s
t_/common/footer-new: 1x 0.0021660327911377s
router_page: 1x 0.00071001052856445s
router: 1x 0.0004730224609375s
t_/popups/on-download: 1x 0.00044989585876465s
t_/common/cookie-banner: 1x 0.00031089782714844s
service-routes: 1x 0.00018310546875s
t_/blocks/sidebar-afil: 1x 0.00016283988952637s
router_redirection: 1x 0.00010991096496582s
t_/popups/zoom: 1x 1.9073486328125E-5s
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