USDJPY - Downward trend will continue, Short trade by market price recommended

17 juillet 2019 16:14:18 by Alexander Zorevyk
Details des prévisions
PaireUSDJPY
Direction Vendre
Statut Fermé (107.7)
16:11
16:11
17 juil. 2019

-50 p
108.60
Excédent des pertes
108.10
Entrée
+50 p
107.60
Cible 1
Tableau et analyses d'experts
USDJPY - Downward trend will continue, Short trade by market price recommended
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  1. According to the most brokers’ data, more than half of the traders are currently in long positions on USDJPY. As a result, we recommend considering going only short at this time.
  2. The increase in buyers is observed both in the downward movement and in the corrective movements. Retail traders still believe in the possibility of rising prices.
  3. When the price rises, a signal is formed (orange labels), which implies a downwards movement.
  4. This cluster of orders acts as a resistance. For our forecast, stop loss is reasonable to move further than this cluster.