USDJPY Very Bullish

14 Mei 2020

I'm very long. This momentary retest of the breakout of the descending wedge should be over. I see up from here :)

15 Mei 2020

Nota

I'm seeing this possible scenario play out with UJ

17 Mei 2020

Nota

going back to the previous update, i'm brainstorming ideas that could happen with this pair come monday and tuesday, and I wouldn't be surprised if we get a triangle formed. However, i do NOT know when the bottom of this correction will be until the market shows me.

21 Mei 2020

Nota

Depending on how fast we get to the top depends on if we break through or not

22 Mei 2020

Nota

oh yeah by the way, UJ should see more pullback

22 Mei 2020

Nota

actually i may be reconsidering that statement

22 Mei 2020

Nota

If we can break that top trendline we should continue up strong. If not, then we'll go much lower.

24 Mei 2020

Nota

I reconsidered that statement and went long 15 minutes after the weekly open. I dont usually do that, but we have some high impact news event tonight for the dollar, and I anticipate that EURUSD and the rest of the majors may be good to trade on a Sunday actually. I dont have a firm "no Sunday trading" rule, because I understand that depending on market conditions, making a trade on a sunday may be a very fruitful idea.