People,
I always liked JPY - my first account was wipped out by EURJPY so let us try this pair instead.
On a weekly we can see lots of selling pressure around 105 level - strong resistance. CHF weakness in last days is solid (my opinion behind this is, that lots of big madafakas are getting out of CHF long and this is reason for high vollatility and CHF weakness and not EURCHF peg and other bullshit. The trend is getting old!
JPY I like really much right now and I also expect that USDJPY did not said a last word till now so we should give this one a go.
On a daily big trendlines are being crossed and if we stay under 99.80 for close I think we are safe to short this beauty!
This selloff stopped at on H4 at 365MA and on 1920/1600 MA on 1H which are my favorite MAsss
We should see another selloff from here on and try to get a hold of JPY.
If we break 95 level we should see a test of 88 in next few months.
Carry here is also minimum so let us play!
I always liked JPY - my first account was wipped out by EURJPY so let us try this pair instead.
On a weekly we can see lots of selling pressure around 105 level - strong resistance. CHF weakness in last days is solid (my opinion behind this is, that lots of big madafakas are getting out of CHF long and this is reason for high vollatility and CHF weakness and not EURCHF peg and other bullshit. The trend is getting old!
JPY I like really much right now and I also expect that USDJPY did not said a last word till now so we should give this one a go.
On a daily big trendlines are being crossed and if we stay under 99.80 for close I think we are safe to short this beauty!
This selloff stopped at on H4 at 365MA and on 1920/1600 MA on 1H which are my favorite MAsss
We should see another selloff from here on and try to get a hold of JPY.
If we break 95 level we should see a test of 88 in next few months.
Carry here is also minimum so let us play!