It indeed looks impulsive structure as we are moving closer & closer above 109.30 we shall confirm that USDJPY has started its uptrend.... Trading Strategy --One can take long positions with short term target as 109.25--109.31...once pair reaches zone of 109.25-109.31--we should book & wait for retracement in the zone 109.01--109.05 for targets 110.15--110.20. Trade with Care...Current rate -109.19.
Dagangan aktif
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Just hit 109.30 high booked 12 pips (safe) ...look for retracement back in the zone as mentioned earlier for joining into bull camp & larger target. Regards,
Dagangan aktif
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Wait for the zone 109.38--109.45 as possible zone for u-turn...
Dagangan aktif
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Boom ...We are now long exactly in the zone as per expectation and targets of 110.15--110.20 atleast....Regards, Abhishek H.Singh,CMT
Dagangan aktif
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Those who have missed shall get another opportunity of going long in the zone 109.01--109.08. Once long ..Kindly maintain strict stop loss of 108.75 for targets 110.15--110.20. Regards,
Dagangan aktif
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Here we come again & this proper & better in the zone 109.01--109.08...Makes a low 109.07.....One can go long with strict stoploss@108.75...Targets shall be 110.15--110.20...Regards, Abhishek
Dagangan aktif
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Sorry for all typo errors...This time proper in the zone 109.01--109.08 Makes a low 109.07...