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6 002
USDJPY - on the daily timeframe, we have price rejecting twice at the support zone which created a double bottom formation after breaking the neckline. We can expect bullish momentum going forward
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SLOW WEEK
With my style of trading, patience is required, i have taken 0 trades this week . Always REMEMBER that trading is like surfing, we only surf when there are waves, just because you not surfing now doesn’t mean you not a good surfer, theres just no waves for you to currently ride.
That is my principle in the market so I sit and wait patiently for the right trades to come to me instead of chasing it.
This is where 90% of traders get caught trying to make something out of nothing in the markets and end up taking mediocre set ups . Patience is ACTION .
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Upcoming fundamental news for the week. Time zone is GMT+4, correlate that with yours.
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No markup call for last week. Away from the computer at events/meetings! Finally back with some chart works this week, lets Go📈📉
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DXY analysis with my premium students. The opposite happen on EURUSD. One important thing to know as a technical analyst is that you should always forecast the market looking at various scenarios . Don’t just stick to one bias and miss opportunities.
