TradeMagna

USDJPY-- preferred scenario & the alternative 29/9/2021

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FX:USDJPY   米ドル/円
Hello dear friends,


USDJPY had a very powerful purchasing power without any kind of major correction, and now it shows a weak purchasing momentum which could lead to a major correction into the levels shown on the graph.

The preferred scenario is shorting the market after breaking level 111.21, and you could start your short position now with a minimal stop loss just above 111.50 level.


Of course, the alternative scenario would happen if the market accumulated purchasing power again above 111.50 we would see a continuation for the uptrend.

Be prepared for any scenario to happen and wishing you a happy trade.
コメント:
Market accumulating purchasing power and going to exceed the top resistance
Be aware
コメント:

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