USDJPY: In A Corrective Area Of Trend Cycle- Warnings Ahead #FX
Traders,
We're probably in a corrective area for this pair, I would expect a move to the mean price soon, OR, directly off the leg we are on now. This corrective leg could see Yen lose a fair amount of points and give us significant profits.
Looks very good, and good for shorting. It's very unlikely bulls would step in at this point, as it's evident that they're overpowered. However, it isn't impossible.
Best of luck
Tom
NOTE: I offer personalized online and face to face personalized tuition, I also offer signals packages. I have very good discounts at the moment. Message me on Trading view or email me with the email address provided for more details on these opportunities.
Thank you.
We're probably in a corrective area for this pair, I would expect a move to the mean price soon, OR, directly off the leg we are on now. This corrective leg could see Yen lose a fair amount of points and give us significant profits.
Looks very good, and good for shorting. It's very unlikely bulls would step in at this point, as it's evident that they're overpowered. However, it isn't impossible.
Best of luck
Tom
NOTE: I offer personalized online and face to face personalized tuition, I also offer signals packages. I have very good discounts at the moment. Message me on Trading view or email me with the email address provided for more details on these opportunities.
Thank you.