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USDJPY Nowhere, But Not This Time,
How many times has USDJPY tested 101.30? At least once per month since the opening of the year. But it is the first time it prints Eight Green Candles simultaneously in an extreme oversold zone.
Where to next? The yearly down sloping trendline at 102.35 & 10300, the 50% Fib line of the plummet that started at 105.45
Current Status: Let the market breaks that squeezing triangle between 102.35 & 101.30 before we issue a signal.
Aggressive buyers may start at 102.00 as long as 100.70 gets no close below; keep target open (update will follow)
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
USDJPY Nowhere, But Not This Time,
How many times has USDJPY tested 101.30? At least once per month since the opening of the year. But it is the first time it prints Eight Green Candles simultaneously in an extreme oversold zone.
Where to next? The yearly down sloping trendline at 102.35 & 10300, the 50% Fib line of the plummet that started at 105.45
Current Status: Let the market breaks that squeezing triangle between 102.35 & 101.30 before we issue a signal.
Aggressive buyers may start at 102.00 as long as 100.70 gets no close below; keep target open (update will follow)
***Rule to Remember: Gaining 20pips out of any free-signal is highly remarkable as such trades are not updated on time or ever.
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