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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 0.027734994888306s
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t_/common/head: 1x 0.014168977737427s
t_/common/footer-new: 1x 0.0023579597473145s
router_page: 1x 0.0009160041809082s
router: 1x 0.00087285041809082s
t_/popups/on-download: 1x 0.00047111511230469s
t_/common/cookie-banner: 1x 0.00032401084899902s
service-routes: 1x 0.00019502639770508s
t_/blocks/sidebar-afil: 1x 0.00014781951904297s
router_redirection: 1x 0.00010299682617188s
t_/popups/zoom: 1x 1.5020370483398E-5s
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