SamKent
Long

USD/JPY WEEKLY DISCUSSION FOR THE WEEK OF FEB.9-13

FX:USDJPY   U.S. Dollar / Japanese Yen
414 2 4
The USD/JPY             has broken the long lasting range with a big impulse to the upside on the back of the positive NFP report. We're looking at a high probability for the pair to re-attack the current highs at around the 122 handle. Given that our bias is to the upside, we'd be looking for potential long entries on a pullback to some of the significant levels. We have drawn out a rough idea of how we'd be trading the pair on the 4H and 1H charts. Basically, if we get our desired corrective pullback to any of these levels, we'd buy on any sign of re accumulation from the buyers in an aim to attack the 122 highs.
I really like how you set the charts up on different timeframes
+1 Reply
SamKent kate25
Thank you for the positive feedback :)
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out