Might be a bigger top in USDJPY forming.
تم تحديثه
I've been consistent in my net bullish bias on USDJPY since 150. The TA made sense and at the time it seemed silly to me that all of a sudden absolutely everyone, with no Forex experience, all suddenly were entirely certain the USDJPY was going to crash.
I've been a Forex trader a long time. Seen a lot of people come and go. If the game was as simple as look for a big red candle and scary news headline to position for the imminent crash, people would do better.
What actually happens in Forex is most people get mauled and move on.
With all that said, I do not think the USDJPY may be at a high. I also think USDJPY has broken out and we'll ultimately go higher.
But I think we're now at a point where the USDJPY crash narrative actually makes sense from a TA perspective.
And people are not talking about it anymore. Now they're saying the Yen is collapsing.
I've been a Forex trader a long time. Seen a lot of people come and go. If the game was as simple as look for a big red candle and scary news headline to position for the imminent crash, people would do better.
What actually happens in Forex is most people get mauled and move on.
With all that said, I do not think the USDJPY may be at a high. I also think USDJPY has broken out and we'll ultimately go higher.
But I think we're now at a point where the USDJPY crash narrative actually makes sense from a TA perspective.
And people are not talking about it anymore. Now they're saying the Yen is collapsing.
ملاحظة
This might have started. First supports are not broken yet but it looks like they might.ملاحظة
140 hit ملاحظة
It might be USDJPY's time to shine now. تم فتح الصفقة
To the mooooooooooooon!
ملاحظة
This seems like a critical moment for USDJPY. If it can hold and recover here, I think we're into an uptrend. ملاحظة
ملاحظة
Stops trailed at 145.30 to lock in profits.
Probably the cleanest trade that's been available over the last week.
ملاحظة
If this does end up being a bull trap, I'd be interested in buying again somewhere around 140.
تم إغلاق الصفقة يدويًا
Thinking this might go lower. Out my longs 147. ملاحظة
I would like to buy 136 or so if we got there (As per the original forecast). ملاحظة
Time for this to boom now I think. 
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.