USDJPY BULLISH BIAS TO 109.20 ANALYSIS
REASONS:
-Monthly Timeframe candle is bullish with a wick at the bottom (sellers exhaustion)
-Weekly Timeframe candle shows reverse head and shoulder pattern
-Daily Timeframe candle shows exhaustion from sellers and buyer (wick at top and bottom of candle)
-4HR Timeframe shows sellers exhaustion with doji
-Lower timeframes correlating with higher timeframes
My Purpose:
I am executing projections and trades that create generational wealth for myself and others.
Sidenote:
Always optimize. Your phones and PS4s update themselves , make sure you do that with your life!
Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !
-Monthly Timeframe candle is bullish with a wick at the bottom (sellers exhaustion)
-Weekly Timeframe candle shows reverse head and shoulder pattern
-Daily Timeframe candle shows exhaustion from sellers and buyer (wick at top and bottom of candle)
-4HR Timeframe shows sellers exhaustion with doji
-Lower timeframes correlating with higher timeframes
My Purpose:
I am executing projections and trades that create generational wealth for myself and others.
Sidenote:
Always optimize. Your phones and PS4s update themselves , make sure you do that with your life!
Learning & Applying PRICE ACTION is key. Learning & Applying PSYCHOLOGY is the lock on the door !