Updated

USDJPY bearish signs

USDJPY might start the solid downtrend. Gradually falling down with falling wedge pattern breakdown. But dont get fooled and short immediately. It will give one healthy bounce too for the 0.23 fib levels as RSI also suggesting bit of oversold zone here, if it has to fall it will give one technical bounce. We have to observe it there closely if it rejects there or sustains above it. But as per my analysis slowly now trend is becoming bearish as per the weekly & daily chart analysis. As there is double top rejection is visible too in the chart.

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Monday tuesday basically whole next week keep looking for these prices. follow these trades with strict SL
Long Entry only at 151.320. SL 150.832 (0.32%). TP 152.40 152.87 153 154 154.3
Short Entry Only at 154.313 SL 154.59 (0.18%). TP Reverse the above.

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Live trade. Entry at current levels.

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Going good so far

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If it dont sustain above 152. ready for further fall. I am still in the trade holding.

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Long trade

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Target

Trade active

Another scalp trade.

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SL hit in CPI volatility. but i entered again. and boom..

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Ready for fall now.

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Cancel the above trade. new trade below.

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Long term view as shared in the chart

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Follow the SL. Dont fight.

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Trail SL now to minor risk and just hold. Going good.

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Above trade going good. 2 SLs covered.

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Almost target about to hit.

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Going as per the predicted price action. wait for one bounce now. We can short again.

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Better shorting level will be 150 now. just wait for it. will update.

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Consider good shorting level from 149.23 Small SL of 0.33% Target 3-5%. Target it big. Will short with small qty. Ones it goes as per my analysis i will keep adding qty in every bounces.

Trade closed: target reached

Going as per expectations.

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Exactly happened what is anticipated. took 2-3 months.

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Both side view possible. Above 150 it will be super bullish will kill all the sellers and below 147 it can be bearish till 140

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Still below the selling zone. Note these levels.

Sell below 145.750

Buy above 148.500

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exactly going as per analysis.

Mark the level of 149. Above it bullish and if rejected at 149. It will be super bearish.

ashishhc

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ashishhc