i took this position bcz in my 15m chart my fast ema cross the slow ema and rsi is below 50 level and going down. stoch also below 50 level and goning down.
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i took this position bcz in my 15m chart my fast ema cross the slow ema and rsi is below 50 level and going down. stoch also below 50 level and goning down.
USD/JPY had a fairly quiet day, albeit negative on Wednesday. The pair continues to grind lower every time it rises, and this latest sequence of trading days does nothing to suggest this will change anytime soon. The pair is to be sold only, and on rallies if possible
up movements is predictable as a result of the trading now above the level of 77.50 and the pair might continue in it's upmovements heading to 77.77 and and that's before bouncing from the resistance levels , good luck .
Although dollar rebounded from intra-day low of 77.56, as indicated resistance at 77.80 has continued to hold, suggesting further consolidation would take place and pullback to the Kijun-Sen (now at 77.46 cannot be ruled out, however, support at 77.13
मैं मेरे 15m चार्ट में इस स्थिति bcz मेरे तेजी EMA पार ले लिया धीमी EMA और RSI 50 के स्तर से नीचे और नीचे जा रहा है.50 स्तर और नीचे goning नीचे भी stoch.
the pair and as we can see from the chart has started it's weekly candle above the level of 77.50 , so , that's mean the up trend is still standing and the pair is heading to 77.90 using a directed up movement base , good luck .
If a M15 close above 78 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 77 sell only and do not buy. If price closes back above it again do nothing
The range 78 and 77 is neutral area, any trade done in between is personal decision and not part of this analysis
My long trade on USD/JPY is still in play. The trade I took above the tops at 77.80 is barely in profit, the pair is moving slowly. At least the direction seems to be the right one. I have moved the stop loss to 77.70, reducing it to 11 pips right now. With a little bit of luck tomorrow it will be a risk-free trade.
If a M15 close above 78 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 77 sell only and do not buy. If price closes back above it again do nothing
The range 78 and 77 is neutral area, any trade done in between is personal decision and not part of this analysis
If a M15 close above 78 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 77 sell only and do not buy. If price closes back above it again do nothing
The range 78 and 77 is neutral area, any trade done in between is personal decision and not part of this analysis