No change in view.
The pattern is building for a move down. We got Moon phase start indicating a turn lower, and stochastic is negative plus over bought situation. The latter very extreme on all fronts.
For now, we still are SELL @ 130.00-130.50 and add more above 131.60. The profit level can be done in stages, perhaps @ 127.87 and 126.57 for now.
My side,
take back are:
15% @ 129.00
20% @ 128.17
30% @ 127.87
Balance @ 126.57 for now.
The pattern is building for a move down. We got Moon phase start indicating a turn lower, and stochastic is negative plus over bought situation. The latter very extreme on all fronts.
For now, we still are SELL @ 130.00-130.50 and add more above 131.60. The profit level can be done in stages, perhaps @ 127.87 and 126.57 for now.
My side,
take back are:
15% @ 129.00
20% @ 128.17
30% @ 127.87
Balance @ 126.57 for now.
Note
took 15% back @ 129.25 a short while ago. rest orders unchanged.Note
took 10% back @ 128.96 and will re-sell above 130.15 again.Note
10% taken back @ 128.68... average now 128.96rest orders
BUY @ 128.17 10%
BUY @ 127.67 30%
balance @ 126.78
note: will re-sell if we bounce back 130.20.
Note
instead bought 20% back at 127.75...remaining average 129.50 now...Note
balance order @ 126.78 for now.Note
took back everything balance @ 127.88. switching to GBPUSD now... better value...and we re-sell USDJPY higher..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.