Hi fellow traders - My first published trade idea - USD JPY
I don't normally publish my trade ideas, so lets see how this one turns out.
Overall the Dollar has been showing a bearish trend (when looking at the Dollar index) and XXX USD pairs being bullish and USD XXX pairs being bearish.
After a strong bullish move on this pair at the end of last week, I expect a correction and return of the weakness shown by price by heading back down to the 107.200 area, I then expect price to head up. A lot of US news to come out this weak and I expect some big moves to occur , looking to buy at 107.200 with take profits around 107.750 and second TP at around 108.200
107
I'm new to this platform so happy to share ideas and meet new people , drop me message if you want to know more about how I came to this analysis.
Overall the Dollar has been showing a bearish trend (when looking at the Dollar index) and XXX USD pairs being bullish and USD XXX pairs being bearish.
After a strong bullish move on this pair at the end of last week, I expect a correction and return of the weakness shown by price by heading back down to the 107.200 area, I then expect price to head up. A lot of US news to come out this weak and I expect some big moves to occur , looking to buy at 107.200 with take profits around 107.750 and second TP at around 108.200
107
I'm new to this platform so happy to share ideas and meet new people , drop me message if you want to know more about how I came to this analysis.