USDJPY - BULLISH POWER just about to come
Hi Traders!
As you can see, the market in an uptrend.
It makes over all higher highs and higher lows.
In addition, the market formed an upper and a lower trendline.
It is also respecting / moving higher than the 200MA.
Now the market got stuck around the important key level 110.000.
The market tried to retrace lower tree times, but every time it failed.
That shows that the bulls are as strong as the bears.
Normally, the bears are stronger in these situations - and that's a retracement move.
If you put these information together, it shows that the bulls are now stronger than they usually are
and that's a tipical sign for a breakout.
We recommend to buy the market if it breaks the key level 110.000.
Thanks and good luck :)!
As you can see, the market in an uptrend.
It makes over all higher highs and higher lows.
In addition, the market formed an upper and a lower trendline.
It is also respecting / moving higher than the 200MA.
Now the market got stuck around the important key level 110.000.
The market tried to retrace lower tree times, but every time it failed.
That shows that the bulls are as strong as the bears.
Normally, the bears are stronger in these situations - and that's a retracement move.
If you put these information together, it shows that the bulls are now stronger than they usually are
and that's a tipical sign for a breakout.
We recommend to buy the market if it breaks the key level 110.000.
Thanks and good luck :)!
Trade ist aktiv:
Hey Followers!
This trade is now active ;)
Do you see how much price action there is in the market?
Good for us!
Have a nice day :)
This trade is now active ;)
Do you see how much price action there is in the market?
Good for us!
Have a nice day :)
Trade geschlossen: Ziel wurde erreicht:
Hey Followers!
The trade gave us a TP of 200 pips!
That was a perfect trade.
Have a nice day :)
The trade gave us a TP of 200 pips!
That was a perfect trade.
Have a nice day :)
