The reason why I need to make an uplink position is simple because the rates are going up and if the rates go up, the Eur/Jpy will go up too.
Yesterday a news from investing.com said that the market had to fall which I already knew I didn't have to do since the other indices were normal and didn't present any weakness to fall.
To determine which area we will put our take profit at 118.700 where I speculate the next rise although I think it will go up more, as all indicate that it will explode upwards.
Just the price is cheap to rise, anyway this is a speculation based on simple issues that everyone can confirm on their own.
I don't explain with specific numbers as I like beginners to have their own numbers and then compare what they did wrong or if they got it right with my speculation
If you have any recommendation just tell me and I will gladly respond :)
Yesterday a news from investing.com said that the market had to fall which I already knew I didn't have to do since the other indices were normal and didn't present any weakness to fall.
To determine which area we will put our take profit at 118.700 where I speculate the next rise although I think it will go up more, as all indicate that it will explode upwards.
Just the price is cheap to rise, anyway this is a speculation based on simple issues that everyone can confirm on their own.
I don't explain with specific numbers as I like beginners to have their own numbers and then compare what they did wrong or if they got it right with my speculation
If you have any recommendation just tell me and I will gladly respond :)
Comment:
Guys I was checking some more things and I noticed that this has a lot of potential because of the current political situations, so I'm leaving without taking profit and I'm going to keep it for a long time, I hope it reaches the moon hahaha