marcosnzd

USDJPY SELL - SHORT

Short
marcosnzd Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
- Strong increase throughout the day suggests correction in the short term.
- The Japanese Yen appreciated against the dollar due to greater risk aversion.
Trade active:
The movement is consolidating so I believe I will retract strongly in favor of my operation. I observed the same movement pattern in the chart in the recent previous period, a strong one-way movement accompanied by a retraction and correction to the subsequent original value. I will adjust my target to less.
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O movimento esta consolidando para acredito eu retrair com força em favor a minha operação. Observei o mesmo padrão de movimento no grafico em periodo anterior recente, um forte movimento em um sentido acompanhado de uma retração e correção ao valor original subsequente. Vou ajustar o meu alvo para menos.
Comment:
This endorsement of the USDJPY is leaving me slightly worried, rises, consolidate and back to climb. Because being positioned I hope a spinning spot. I will return to analyze to take a more copying decline in the next chapter.
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Esta escalada do USDJPY esta me deixando ligeiramente preocupado, sobe, consolida e volta a subir. Por estar posicionado espero uma correcao veloz. Voltarei a analisar para tomar Uma decisao mais acertada no proximo capitulo.
Comment:
Bad movement for me, actually I lose 1322 points, waiting...

The price came in a resistance region form, close to 111,996, in case it doesn't lose strength there is the possibility of me assuming the loss and closing this position, waiting for new information.
Trade active:
Sunday in Brazil and I'm positioned with two sales orders waiting for the price to return, I kept the orders open because I believe in the price return. Currently the price has been isolated between resistance and support 112.198 and 111.475. Waiting for the market to open and I expect significant volatility due to new bad news regarding new cases and deaths due to coronavirus outside China.
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