The dollar yen has started its descend, we should more downside as the market makers unwind their positions to hunt for the juicy stop losses placed below. We may see short term relief rallies but it will not last and the downside in imminent.
BEAR CASE
Price immediately plummets farther from here. Our TP1 is at 109, TP2 is at 108.7 and the last straw should be at 108
BULL CASE
If the bulls manage find a little breathing space from these levels, it will be short-lived and extremely tight. We do not expect price to break the highs at 110.426 and we will sell every rally.
BEAR CASE
Price immediately plummets farther from here. Our TP1 is at 109, TP2 is at 108.7 and the last straw should be at 108
BULL CASE
If the bulls manage find a little breathing space from these levels, it will be short-lived and extremely tight. We do not expect price to break the highs at 110.426 and we will sell every rally.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.