The USDJPY breaks above the 109.00 level, but it may find some resistance around the 109.50 level where we can find the 55 week EMA. The 110.00 level may also act as resistance. To the downside, the 108.00 zone may act as support.
Homework for the Englishmen 🙂 😎 Posted July 1, way before the bottom 26th August
USDJPY ............ big opportunity to finally be able to clear out of London and bugger off where other Brits have gone and are in Paradise - many destination Paradises. But one thing is in short supply. The vehicle to engineer one's escape from London. All these other cats are generally living on fixed income plus a few extra bucks here and there.
They don't got what the Englishmen here got. A retirement opportunity so compelling, its staggering.
USDJPY
stare at the 100 year monthy chart first. Then stare at the weekly then the daily. Confusion ought to reign supreme. Then drop once more to the weekly. Look again. See the triangle sideways pattern for years?
Its ending soon.
Upwave aborning. Prepare weaponry.
Baby's 1H is told-ing me there is an aborning correction, look how far she got above the 200-period ema on 1H.. See RSI in lower panel already gives a lower reading on the upwave so correction is quite possible. But that's for the 10k account cats. for me, I don't give a rat's ass.
Hasta la vista amigos, best of luck and happy trails to the op, may your profits be stellar always is my wish!
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After the USDJPY Long huge high leverage money maker I am now waiting for the 1H correction to complete before considering a new LONG trade. So fornow, sidelines continue
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updated chart with some more back slapping in the the various graveyards I visit at T2W. Damn there is no life nowhere to be be found. The only sound is the sound of the wind and my own backslapping, yippie kai yeh
Its downright decadent to make soooooo much money - shocking shocking shocking ........... batting average still 100%
See the pressure on the trendline and 200-day and 161.8% Fib? Deeg eet mahn, let's have some rum and coke 🙂 🙂 🙂
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