IvanLabrie

USDJPY: Weekly uptrend fired

Viés de alta
IvanLabrie Atualizado   
FX:USDJPY   Dólar Americano/Iene Japonês
This is an update to my previous publication. We now have full confirmation of a weekly uptrend aiming for 110.141 by December 23rd or sooner.
If not long you can buy new daily lows, or dips to 102.8 after this week's close. Jumping in now, is not bad, but not optimal.
This uptrend probably implies that the smart money is getting into new leveraged positions for the last quarter of the year, largely bullish for equities, so, we might return to Yen, Bonds and Gold being opposite to S&P500 again in this risk on rally.

Good luck,

Ivan Labrie.
Comentário:
"Jumping in now, is not bad, but not optimal."

If someone did, in profit already.
Trade ativo:
Now is when you add.

Comentário:
Add to USDJPY longs again if we break above Friday's high: Entry: 104.023, stop 102.126, target for all 110.141, risk 0.5% on it.
Comentário:
(the add on trade already in good profit from entry)
Trade fechado manualmente:
I'm out for now.
Comentário:
I got back in using a tight stop today, entry: 103.86, stop 103.59.
Comentário:
I banked short term longs before this drop, I held my long term entries, and bought yet more long term positions a day ago and the day before.
Buying gradually on each daily dip.

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/

Ideias Relacionadas

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.