PITCHFORK - Forex USDJPY Weekly Analysis March 5th - 9th 2018
SELL USDJPY
Area: Pitchfork Median Line
Channel Pitchfork - Descending
Entry: Instant /105.600 - Median Line
Target Profit: 103.400 - Lower Line
Next Target Profit: NIL
Stop Loss: 106.500
Reward Potential: 220 pips
Risk: 90 pips
Setup Guide:
1. Expecting this week target price to lower line .
2. Risk Sentimen on YEN (Risk-Off Trade) . Bear in control .
3. DXY quickly reverted the recent upside and dropped to sub-90.00 levels .
4. Trump-related headlines, JPY-buying keeps weighing on USD .
Area: Pitchfork Median Line
Channel Pitchfork - Descending
Entry: Instant /105.600 - Median Line
Target Profit: 103.400 - Lower Line
Next Target Profit: NIL
Stop Loss: 106.500
Reward Potential: 220 pips
Risk: 90 pips
Setup Guide:
1. Expecting this week target price to lower line .
2. Risk Sentimen on YEN (Risk-Off Trade) . Bear in control .
3. DXY quickly reverted the recent upside and dropped to sub-90.00 levels .
4. Trump-related headlines, JPY-buying keeps weighing on USD .
1. Menjangkakan harga sasaran minggu ini untuk menurun.
2. Sentimen Risiko terhadap YEN (Perdagangan Risiko).
3. DXY menurun ke tahap 90.00.
4. Tajuk utama yang berkaitan dengan Trump, pembelian JPY terus menimbang pada USD.