Signal Stream - USDJPY Short Signals
Just now getting some time to sit down and make a few posts. There have been a number of excellent signals generated lately.
** Note - lines were drawn by me. The vertical lines are where the signal generated, and the horizontal lines are initial close range targets.
USDJPY has been in a longer term uptrend since March / April, and while there have been strong short term moves down during that time, I don't expect huge bearish moves on each short signal.
A short signal appeared in the middle of a short term range. There was enough supply to move price to the bottom of the range and hit the initial close range target at 110.881.
Price rose sharply after hitting the target and has slowly been making it's way back down.
Another short signal appeared recently, and price has been slowly moving towards target, 111.262.
This target also coincides with some moderate support levels. Given the weird ranging of this pair lately, I would look to take immediate profits once price reaches target.
There are many ways to trade Signal Stream.
Signal Stream signals have a high chance of hitting their targets even if the market moves in the opposite direction, long after the signal appears.
It's like the market is attracted back to these levels if they don't hit it immediately.
Celebratory sale for signal stream happening now!
Get lifetime access to this subscription indicator for a one time payment of $67 USD.
This offer is good for the first 100 clients, after that it will be going to monthly subscription at a higher price.
PM me for details or learn how to purchase Signal Stream here!
https://www.tradingview.com/script/XUfMqWnS-Signal-Stream/
** Note - lines were drawn by me. The vertical lines are where the signal generated, and the horizontal lines are initial close range targets.
USDJPY has been in a longer term uptrend since March / April, and while there have been strong short term moves down during that time, I don't expect huge bearish moves on each short signal.
A short signal appeared in the middle of a short term range. There was enough supply to move price to the bottom of the range and hit the initial close range target at 110.881.
Price rose sharply after hitting the target and has slowly been making it's way back down.
Another short signal appeared recently, and price has been slowly moving towards target, 111.262.
This target also coincides with some moderate support levels. Given the weird ranging of this pair lately, I would look to take immediate profits once price reaches target.
There are many ways to trade Signal Stream.
Signal Stream signals have a high chance of hitting their targets even if the market moves in the opposite direction, long after the signal appears.
It's like the market is attracted back to these levels if they don't hit it immediately.
Celebratory sale for signal stream happening now!
Get lifetime access to this subscription indicator for a one time payment of $67 USD.
This offer is good for the first 100 clients, after that it will be going to monthly subscription at a higher price.
PM me for details or learn how to purchase Signal Stream here!
https://www.tradingview.com/script/XUfMqWnS-Signal-Stream/
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