On the swiss yen there's a drop looming, break of this trend support should kick things off. Also watch other yen pairs this week. For the pairs; CADJPY, GBPJPY, NZDJPY and USDJPY there are similar setups forming this week.
At the end of this week, CPI for the yen currency(!)
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CADJPY setup
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GBPJPY setup
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USDJPY setup
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patience with this one, can take a while before the short is really going.
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gbpjpy cancelled order
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adjusted CADJPY order a bit:
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Momentum downwards is still not there
Order storniert
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Cancelled all my orders
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Quite the div here, looks some yen weakness coming
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sorry, thats of course the other way around. Anyway look out for some short opportunities next week
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USD also has news today, keeping an eye out for usdjpy as well
Good afternoon sir,
I'll keep one eye open,hahah
Thank you so much!!
Have a nice day!
SNB
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I'm short on CHFJPY and USDJPY and it is taking forever to reach profit, i'll be patient like you said.
Cenotaph
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@SNB, Im not yet short on these. Im entering when it breaks trend support thats the green line
SNB
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@Cenotaph, Lol good lord it better drop because my analysis says it will
Cenotaph
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@SNB, haha, well as you can see GBPJPY was a bit of a surprise. But there can be hope for the other pairs. Generally though, That trend support can be powerful, better enter when it really breaks for the best probability. Even then, nothing is 100%
Pter
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Thank you for sharing!
Cenotaph
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@Pter, sure thing no problem. Let's see how they play out this week! Good trading!
I'll keep one eye open,hahah
Thank you so much!!
Have a nice day!