December 9th USDJPY chart analysis.

2019年12月9日

Hello.
 
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I will begin USDJPY chart analysis for December 9th.
 
 
 

 
 
 
This shows XAUUSD 30M candle chart for last Friday.
 
It was short position trading strategy.
 
It fell $16.33 from the short position entry point.
 
Congratulations for those who made profit.
 
 
 

 
 
 
Today we have 30M candle chart for USDJPY.
 
Among with other charts, USDJPY seems to have a trend. So i brought this.
 
As a whole, it is a short position switching strategy.
 
To briefly summarize,
 
1. Please check out route A and B with its short position entry timing and price.
 
2. In case of route A, please see if it goes below the final long position entry point.
(If it does, please confirm route B)
 
3. If it follows route B, please carefully check whether the price goes above the parallel resistance line with an additional candle.
It will be the stop loss point.
 
This is it for today.
 
From route B, I recommend you to operate long position shortly after the short position.
 
Please refer to EURJPY as it has similar movement with USDJPY.
 
I will come back to you tomorrow.
 
Thank you.



(Translation help
Jae Ho Shin).