rkarara

TREND CONTINUATION TRADE FOR UPCOMING WEEK - USDJPY - LONG

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
SEE PICS BELOW FOR FULL VIEW!

DAILY CHART
- price still in a strong uptrend
- 113.233 level has not been broken (price moved up nicely from this level last week)
- 113.233 level has been tested as S/R in the past

4 HOUR CHART
- price still in a uptrend
- price respecting a trendline which has been respected in the past
- price making higher highs and higher lows

1 HOUR CHART
- price in a uptrend (confluence with all other timeframes)
- looking for price to test and reject the uptrend trendline

TARGET
- looking for price to move up and retest level 114.200

Comments

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