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inderjeet05
15 déc. 2016 18:51

USDJPY is seen to form Bullish Divergence Long

U.S. Dollar/Japanese YenFXCM

Description

USD JPY Pair is seen to form bullish divergence in the hourly chart.

Transaction en cours

Trade fermée manuellement

closed at 118.557
Commentaires
RrrussT1
Thanks for your effort providing this chart.. so you are thinking HIGHER from here?? Or is "Price-Action" going to conform to CCI .. lagging a LOT!! Of course, BOJ is actively in the markets, covertly, quietly, devaluing the Yen. That means a LOT, because they are "Going-for-Broke" .. I think they look at it as -- It's NOW or NEVER on Japan escaping their 30 year deflationary cycle. Much luck to your "smart Trading everyone!!
inderjeet05
@RrrussT1, It should be a higher high and conform to CCI, :)
RrrussT1
@inderjeet05, So you're saying.. PRICE should first reach a Higher-High.. . and THEN break down to conform with CCI .. ie; a move LOWER, right?? Thanks.. ..
inderjeet05
@RrrussT1, You are right, i miss-labeled it. There bullish divergence is not from the top as i had indicated but from the bottom. Thanks for letting me know. :)
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