26 December 2012

USD/JPY : Periscope Warning

USD/JPY Weekly
  • Weekly chart : All the makings of a periscope break out going on now.
  • Ability to maintain this current look into the weekend would be very bullish. If we can close above 85.51, so much the better.
  • Sudden reversal and close below 84.17 would be very bad news for longs.


Taichiseal said...

Core long : +83.93.

New : +85.29

Taichiseal said...

Partial profit -85.90

Taichiseal said...

Re-established long @ 86.09. No stopping this train.