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

September 16, 2019 3:58:38 PM by Patrick Yang
Forecast Details
PairUSDJPY
Direction Buy
StatusClosed (107.45)
Start
End
Sep. 16, 2019
Sep. 23, 2019

+150 p
109.50
Target 1
108.00
Entry
-135 p
106.65
Stop Loss
Chart & Analyst Comments
USDJPY - Upward trend will continue, Long trade by market price recommended
  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.