Uj on road to 105.7... buy on dip again towards 104.35
הערה
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nice jump but sellers active too.. So what now? Remaining below 105.7 means again 104..
הערה
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Correction.. simply buy on dips uj for 111 and 112 in between 104 and 106 now.. Upside is fully restored..
הערה
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As far as usdjpy is under 107.6, sellers will remain active and targets will be towards 100.
If 107.6 will break then bears will turn buyers..
It is in a wide range.. so anything can happen..
הערה
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Uj for today can even visit 103.7
הערה
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Market took downside before boj.. thats alarming.. usdjpy has taken downside for today and maybe 1 more move as this move down was fast and fast up.. so now what..?
I am having bullish view as still usdjpy is exactly in this IRON BOAT.. but swings are wide on both sides... bearish sentiment will remaon till pin bar candle of daily will remain..
Lets see what boj will offer..
הערה
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Stops should be wide.. wild moves expected!!!!
הערה
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Uj hitted downside my rising trendline and still holding.. coming above 103.8 is positive but for today remaining below 104.6 is still shacky..
UJ is still in my IRON BOAT, and i am bullish.. holding longs from 103.03 and 104.13.
הערה
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Uj is on edge guys and i have not given up on bull side.. still holding my deals.. uj dip on monday will be buy target towards 103.8 and 104.5 for monday.
הערה
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I have deals running on uj from 102.03, 103.03 and 104.13.. tsrget for monday is 103.8 and 104.5
הערה
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I am still long.. and after some consoldation targets are 102.5. As far as now 100.86 holds usdjpy will march towards 102.7 and high.
הערה
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For today, as far as usdjpy is above 101.9 it will target 102.7
check uj jumped exactly from that upper line @ 104.. so it will remain on buy side from 104
fromzerotospyro
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an iron pattern? lol
newbie2016
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No, its not a pattern lol.. just technical drawig..
fromzerotospyro
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hehe...ikr now everybody will be looking for irons :P
prince125700
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for sell usdjpy what should b SL?
newbie2016
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I dont prefer selling... check my chart... usdjpy is completely bullish..
newbie2016
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There are reports in market that BOJ is going to announce 27 Trillion yen stimulus package which is keeping uj bullish... but apart from that.. technicals also pointing for 110 and 111...