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USD/JPY
Member Since Oct 02, 2014
909 posts
Member Since Dec 11, 2015
1487 posts
Feb 12, 2016 at 11:35
Member Since Dec 11, 2015
1487 posts
arigoldman posted:
Waiting to go long!
I did too, as I think it will rise back to 113.10. On the other hand the trend is still very much bearish so I am keeping my eyes peeled for any reversals.
Feb 14, 2016 at 07:48
Member Since Sep 20, 2012
9 posts
Breaking area down from 114.30 to 80 pair, will lead to a strong descending process, the next support is located only at 106 area. Move in the future, may give a strong boost to Markets Exchanges a strong move downward
now we can bearish butterfly
now we can bearish butterfly
forex_trader_300882
Member Since Jan 25, 2016
14 posts
Feb 15, 2016 at 07:24
Member Since Jan 25, 2016
14 posts
daytrade posted:
Breaking area down from 114.30 to 80 pair, will lead to a strong descending process, the next support is located only at 106 area. Move in the future, may give a strong boost to Markets Exchanges a strong move downward
now we can bearish butterfly
I don't know who's right about the next support level but so far the pairs biggest run is this one and 1.10 is over 300 more pips away. I guess it depends on how much it bounces after friday's positive close.
Member Since Oct 11, 2013
775 posts
Member Since Oct 02, 2014
909 posts
Member Since Oct 02, 2014
909 posts
Member Since Dec 11, 2015
1487 posts
Feb 29, 2016 at 09:58
Member Since Dec 11, 2015
1487 posts
It looks like the pair will test that double bottom again.
Member Since Oct 02, 2014
909 posts
Member Since Dec 11, 2015
1487 posts
Mar 06, 2016 at 10:03
Member Since Dec 11, 2015
1487 posts
I agree, it didn't even test the double bottom when it fell. Next week there'll be a correction.
Member Since Oct 11, 2013
775 posts
Member Since Oct 02, 2014
909 posts
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