OJ2003

OJ2003 Updated 

I BELIEVE that this pair will make its way back down due to a couple of reasons. First would be the dollar which has lost its power over the last couple of weeks which puts USDJPY in a chokehold. Secondly would be the FVG imbalanced level(Green box drawn) that the USDJPY has touched on the 4 hour which i would recommend waiting on a BOS on the 1 hour for...

OJ2003

Price hit the FVG area and is coming back down to break structure and create more strength to the downside

OJ2003

This weekly hit will also confirm this trend and would likely go down after its 3rd hit. With everything that’s happening on the lower time frames such as the daily and 4 hour I would say it is likely to drop back down between the 106 and 107 level This isn’t financial advice

OJ2003

The cadjpy has finally started its potential long term bearish move after finally breaking the 110.900 level which is crucial. It then came back to the same level not being able to break it and potentially coming back down back to the 110.210 level which will most likely break and hit the nest leave which is 109.700. Fundamentally, I believe that the poor CAD...

OJ2003

This is potential up move which already pulled up from the us cpi and all we needed is a retracement to form again before going up.Use the one hour for buying confirmation

OJ2003

This is coming off a weekly support from way back(yellow line). There is also confirmation on the daily but this is the time to wait for good confirmation and long in for marathon.

OJ2003

Be careful this may go up to this hidden trend line I discovered on the 4 hour!!

OJ2003

All I’m saying is that you need to watch out for all these levels and that it could go up or down at anytime

OJ2003

There’s a level which has tested on the 1 hour multiple of times and is about to move up from the 4 hour. If not it will retest the next support zone then move up

OJ2003

Wait for a retracement on the 15 minute tf or 1hour tf and then wait for a signal to buy as the 4 hour has already broken it’s structure and is most likely to go up as well as the daily resistance

OJ2003

This needs a retest somewhere before dropping down again on the higher time frames. Watch out for the key levels

OJ2003

Don’t be fooled by the smaller time frames, this can drop at any given moment as the monthly resistance has been tested.

OJ2003

Potential chance of downtrend as it hits resistance level for the third time. This could ins It’s going down till it hits next support.

OJ2003

Price has retested three times at this level which could mean a new downtrend. Watch out for the next support area as it can bounce of it

OJ2003

This pair is looking like a downtrend for now as there is no sign of up movement

OJ2003

High chance of bullish move towards the next weekly hit. Make sure you confirm it on the weekly before buying as this isn’t financial advice.

OJ2003

This will retest at the support level then continue up

OJ2003

Wait for the Dxy to form another green on the 4 hr