USDJPY Under Selling pressure but where to buy? :O
Hi Everyone,
In this analysis we'll try to find a potential BUY Zone for our USDJPY as we're already in a shorting position
and it's sitting in the middle of the recent daily swing,
The selling pressure continues as market has crossed down the 200Day WMA where it's quit hard to go long
so keep selling at the moment but here are few major plots where price is expected to bounce for a short term
of period and we could buy this particular asset,
First thing
there is a Demand curve 107.319 with an L2 Pivot which is been overlapped by 0.618 Fibonacci level which eventually
means a closing sight for this shorting period just keep an eye on this asset track every move and try to take as much as
profit out from each swings
Just set one rule for this trade confirm weather the price is been oversold if not then it's risky to go long
anyways more updates will be posted and I'm here to take care of that so till then keep shorting!!!!
and If you find my trading Ideas helpful then leave a LIKE
also, Feel free to comment your thoughts/doubts,
Here to Help :D
In this analysis we'll try to find a potential BUY Zone for our USDJPY as we're already in a shorting position
and it's sitting in the middle of the recent daily swing,
The selling pressure continues as market has crossed down the 200Day WMA where it's quit hard to go long
so keep selling at the moment but here are few major plots where price is expected to bounce for a short term
of period and we could buy this particular asset,
First thing
there is a Demand curve 107.319 with an L2 Pivot which is been overlapped by 0.618 Fibonacci level which eventually
means a closing sight for this shorting period just keep an eye on this asset track every move and try to take as much as
profit out from each swings
Just set one rule for this trade confirm weather the price is been oversold if not then it's risky to go long
anyways more updates will be posted and I'm here to take care of that so till then keep shorting!!!!
and If you find my trading Ideas helpful then leave a LIKE
also, Feel free to comment your thoughts/doubts,
Here to Help :D
