7/12 5:51 Newsletter delivery Scenarios for USD/JPY price movement
Today’s USD/JPY Forecast: Building a scenario for USD/JPY price movements
Last night I spent until a little after 2 a.m. adding the target rate formulas to the indicator that was delivered.For free newsletter subscribers, I hadn’t been sending out a newsletter recently, so I planned to write yesterday, but got completely stuck in coding and forgot.
Today I’m extremely sleepy because of it (laughs).
For now, I also plan to create an EA that operates based on this indicator.
＜Newsletter distribution on 2018.7.12 05:51＞
● Scenario 1
If the range from 111.950 to 112.100 is broken to the upside, it will rise toward around 112.250–112.350, with a range or a pullback. If it breaks out upward from the range, it will rise toward around 112.500–112.600. The rest ishere
● Scenario 2
If the range from 111.950 to 112.100 is broken to the downside, it will fall toward around 110.850–110.750, with a range or a pullback. If it breaks downward from the range, it will fall toward around 111.650–111.550. If it breaks upward from the range or pulls back, it will rise toward around 112.100–112.000. After falling to around 111.650–111.550, it may range or pull back again around that level. If it breaks downward from the range again, it could fall to around 111.450–111.350. If it breaks upward from the range again or pulls back, it could rise to around 111.950–111.850. If it falls to around 111.450–111.350 and the downside momentum strengthens, it could drop toward around 111.200–111.000.
If the range from 111.950 to 112.100 is broken to the upside, it will rise toward around 112.250–112.350, with a range or a pullback. If it breaks out upward from the range, it will rise toward around 112.500–112.600. The rest ishere
● Scenario 2
If the range from 111.950 to 112.100 is broken to the downside, it will fall toward around 110.850–110.750, with a range or a pullback. If it breaks downward from the range, it will fall toward around 111.650–111.550. If it breaks upward from the range or pulls back, it will rise toward around 112.100–112.000. After falling to around 111.650–111.550, it may range or pull back again around that level. If it breaks downward from the range again, it could fall to around 111.450–111.350. If it breaks upward from the range again or pulls back, it could rise to around 111.950–111.850. If it falls to around 111.450–111.350 and the downside momentum strengthens, it could drop toward around 111.200–111.000.
Image of the Uptrend Scenario
Details arehereImage of the Downtrend Scenario
× ![]()
