USD/JPY AUg 2018 (A massive downside potential is spotted)
This will be my views of USD/JPY (Aug 2018)
Please make sure to read the "update" comment as there will be changes along the way.
Cheers.
S0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Please make sure to read the "update" comment as there will be changes along the way.
Cheers.
S0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
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Update View On USD/JPY (21 Aug 2018)
The slides of USD and the rise of JPY will bring the drop on this pair. Look at the chart of potential target levels.
The set up is not entirely obvious yet but by the time, it becomes obvious you are already late anyway.
The slides of USD and the rise of JPY will bring the drop on this pair. Look at the chart of potential target levels.
The set up is not entirely obvious yet but by the time, it becomes obvious you are already late anyway.
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Updated View on UJ (29 Aug)
It has reached our entry level of short.
Now it is trying hard to do a swing down. It is not successful yet, let' see.
Stays on course.
It has reached our entry level of short.
Now it is trying hard to do a swing down. It is not successful yet, let' see.
Stays on course.
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This is what my region of interest for my intented position. All the best.
EP Sell as long as the price is below 111.7
SL 113.3
TP1 109.6
TP2 108.6