I am watching the action today to reenter longs, after closing near the recent top a few days ago. I think we have good chances of seeing USDJPY and SPY bottom as soon as today. Good luck if you go long with me, I will update the post with my findings.
Cheers,
Ivan Labrie.
액티브 트레이드
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It is quite possible that the bottom's in already...I'm long with a half position.
Mirin. Got filled 1/4th size at 110.60 and didn't want to FOMO the rest, so kinda just watching it run away from me.
IvanLabrie
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@Spofas, it retested that buy zone again, I doubled down when it did that. It has already matched my stop loss distance, so, basically, 1:1 profit atm. I expect it to go back to the top of the weekly range.
Spofas
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@IvanLabrie, It did, ye. I just didn't have bids setup for it at the time.
trueorfalse
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Hi Ivan is there any possible targets ? or we can consider the yellow lines (resistance) for TP's
IvanLabrie
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@trueorfalse, it could be a major bottom, so, let's see how far it goes. I would just wait and see how it acts in the coming days and weeks.