Hold onto a seller's perspective towards the lower trendline.
Hold onto a seller's perspective towards the lower trendline. | 21 June 2021
21 June 2021, USD/JPY
Wave Analysis
After failing to sustain the breakout above the upper trendline. the Us dollar is currently in an active down trend. As it is now, we are sellers. Basically we are expecting a possible breakout below the lower trendline to pick a possible long term sell position expecting the price to surge towards 108.775. On the flipside, if the price rebound from the lower trendline, then this will be a good place consider a possible long term buy position back to the upper trendline. If the upper trendline is violated again the second time, then a rally to the upperside is expected.
Trade Recommendations:
Hold onto a seller's perspective towards the lower trendline.
Profit within arm’s reach The strategy's profitability over the past year and a half was 129%. The strategy has simple and understandable rules, trading on it takes 5 minutes a day. Inside you find the level of opening positions, Take Profit and Stop Loss levels. To ensure profitable trading, implement the FreshForex strategy today: 1) Deposit $90 or more in your trading account from June 2 to June 29, 2021. Your deposit is fully available for trading. 2) Send a request to school@freshforex.com and specify your account number. Make a note in the email that you want to receive a strategy.
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .