USDJPY - Short Term Long / Buy Signal
Hello to everyone who reads this, I am new to the Forex game and I want to publish some of my own beginner analysis to get some tips, possibly pointers from the wider community with regards to it.
I believe this is a very strong signal and would be looking for confirmation from RSI and 14 / 7 EMA Cross on daily time frame. With precise entry being made from the 4 Hour time frame. I am expecting a reversal on the weekly trendline which is indicated below price, the above trend is the daily trend so I would be looking to exit once this is reach and then see what price intends to do, i have marked out some future potential trades with the possibilities of where price would go.
Please give useful feedback and comments :)
I believe this is a very strong signal and would be looking for confirmation from RSI and 14 / 7 EMA Cross on daily time frame. With precise entry being made from the 4 Hour time frame. I am expecting a reversal on the weekly trendline which is indicated below price, the above trend is the daily trend so I would be looking to exit once this is reach and then see what price intends to do, i have marked out some future potential trades with the possibilities of where price would go.
Please give useful feedback and comments :)