USD/JPY Discussion

Resistance Here

The price finally reached 154.800, the level I was considering a potential top and reacted as expected.


I opened a short position here, with a SL just above the 154.800 level, as I saw it a good risk to reward ratio. If it wants to go further up, I'm ok with taking a small loss. I don't see much resistance until 155.900 but for me buying here is very unattractive. It just looks very stretched. Let's see...

Credit were credit is due
Good call
Well done

Thanks. This help me

155
intervention article
Trapped buyers with big red candle . . . . .

156 probably has its probabilities though

I’m just glad I got over the fact that I lost so much money trying to force price back up to this level last year. I had a strong belief 152 was gonna come back and I felt like 155 could come back as well. But I was just too overwhelmed with bad timing. I got out of the market and demoed just to watch it get back here. Today is a glorious day for me. Because I learned more about my self and my trading habits.

The long game is more profitable and has a better probability. So be able to stay in !

Thinking we will see the 50% retracement to at least retest resistance / that's where buyers are aka Me if I was buying. idk what pushes us way down without news.

I raised stop at 154.29 to protect my Long tradings UJ, target towards 155.1x

nice call.
Missed.
thank u

Waiting ️ for your new charts

I quitted all my Long UJ for a nice proft that prolonged for 2 days.
Thank God, Thanks Market
Wish luck to you.

USDX

Just a bit of fun , in case of a
Big RED bar appears when I am not here ?

Hey ThaoAnh, do you think this is still moving up to 155.5?

Yes. I expect 156.32

Seems like any hopes for the gap being filled is likely for next year. Unless we get some breaking news to drive price down there

Quick question, I am seeing a 3 bar reversal pattern on the 1 hour chart. Doesn't this mean we halt any buying till the previous resistance turned support