USDJPY-- preferred scenario & the alternative 29/9/2021
Hello dear friends,
USDJPY had a very powerful purchasing power without any kind of major correction, and now it shows a weak purchasing momentum which could lead to a major correction into the levels shown on the graph.
The preferred scenario is shorting the market after breaking level 111.21, and you could start your short position now with a minimal stop loss just above 111.50 level.
Of course, the alternative scenario would happen if the market accumulated purchasing power again above 111.50 we would see a continuation for the uptrend.
Be prepared for any scenario to happen and wishing you a happy trade.
USDJPY had a very powerful purchasing power without any kind of major correction, and now it shows a weak purchasing momentum which could lead to a major correction into the levels shown on the graph.
The preferred scenario is shorting the market after breaking level 111.21, and you could start your short position now with a minimal stop loss just above 111.50 level.
Of course, the alternative scenario would happen if the market accumulated purchasing power again above 111.50 we would see a continuation for the uptrend.
Be prepared for any scenario to happen and wishing you a happy trade.
註釋
Market accumulating purchasing power and going to exceed the top resistanceBe aware
註釋
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。