If you decide to take a position, it should be a sell not a buy please
ความคิดเห็น
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this chart is difficult so if you have taken a position short, have a really good stop near by until we see how and where it will close. Then we can decide where and how to go..
ความคิดเห็น
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Oh boy... more confusion .. a possible bear trap was set Let's let it run a bit and I'll update it
ความคิดเห็น
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This chart was updated ..
ความคิดเห็น
xiiimik
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I guess USDJPY bull trap as well. What you think?
Ichimoku_Trader
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no
xiiimik
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But I think USDJPY should retrace more before trend resumption to around 103,2.
Ichimoku_Trader
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why not
TrailingVega
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Check the weekly. Facing a resistance at the moment. Can definitely fail here. Above 105.50 it may run.
xiiimik
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Confusing... You mean it will retrace firstly to around 103 then go up to 105.50?
TrailingVega
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I'm not analyzing where it can come down to right now. All I am saying is that while its under 105.50; the overall long term trend is that it is still bearish.
Ichimoku_Trader
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tomorrow it will have to show its real face .. or maybe after tomorrow
let's see .. but that bull trap is very bearish
nicholas_myq
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actually, how to use the TS trading level? can you give us a lecture on it?
thanks,