Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
So USDJPY back to the consolidation range, REMEMBER this consolidation range is a long term daily resistance also, so shorts from 114.200 is what I'm hoping for but will still look at taking buys off the support of 113.500. Either way wait for price to show the signs from the levels and always take some profits, good luck!
USDJPY: Intra- BULLISH TP: 109.4 - 150+ Pips #Forex @TradingView Point A: 107.5 Point B: 109 Point C: Entry - 107.85 Point D: TP - 109.4 SL - 107.2
USDJPY: H4 - BEARISH TP: 105.73 - 250+ Pips #Forex @TradingView Point A: 110.67 Point B: 106.8 Point C: Entry - 108.47 Point D: TP - 105.73 SL - 109.1 I would not be surprised if price continues to the upside for more of a retracement BUT doesnt matter I would still look for price head to the downside for the actual main move.
USDJPY: BEARISH TP: Intra to 107.6 - 100 Pips #Forex #FxProNow Point A LH: 109.9 Bearish Wick Point B LL: 107.9 Bearish Wick Point C Entry: 108.1 - Did not catch the right entry; I believed that price did not pull back far enough. Mostly because I thought the last LH at 109.7 was not a true lower high. Being the fact that price has close past the last level of...