USD / JPY- UNITED STATES DOLLAR VS. JAPANESE YEN- DAILY TIME FRAME CHART ANALYSIS + KEY WEEKLY & DAILY CHART MARKET LEVELS
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#1. D1-DTFC MARKET TREND
✬- MARKET TREND / MARKET BIAS- THE DAILY TIME FRAME CHART MARKET TREND / MARKET BIAS-✬
MARKET TREND / MARKET BIAS- The Overall Daily Time Frame Chart Market Trend As Of Right Now Is BULLISH- The Market Is In A Bullish Trend
The Market Has Been In An Uptrend Since The 6th Of January, 2021
It Has Been Constantly Rising And Making HH- HIGHER-HIGHS & HL- HIGHER-LOWS
1- The Market Then Suddenly Made An Explosive Move Upward Where It Came Into Contact With The Key Weekly Time Frame Chart Market Level Of Support At 104.975
2- The Market Then Continued Its Push Higher Upward Where It Broke Past The Key Weekly Time Frame Chart Market Level Of Resistance At107.815
3- The Market Then Re-tested That Same Key Weekly Time Frame Chart Market Level Of Resistance... Which Has Now Turned To A Key Weekly Time Frame Chart Market Level Of Support
4. The Market Then Continued The Push Higher Where It Retraced Back To A Key Daily Time Frame Chart Market Level Of Support At 108.330... Where It Then Continued The Push Higher Up...
5. The Market Then Arrived At A Key Weekly Time Frame Chart Market Level Of Resistance... Where It Encountered Some Major Resistance... And Ultimately Retraced Back Down To Break The Key Weekly Time Frame Chart Support Level... To Then Stop At The Key Daily Time Frame Chart Market Level Of Support At 107.480
6. The Market Then Reacted At That Level Which Ultimately Pushed Back Up Substantially... Where Price Then Created A PRICE ACTION MARKET TRADING SIGNAL (A BEARISH PIN BAR SIGNAL) Where Price Then Pushed Back Downward To A Key Daily Time Frame Chart Market Level Of Support
7. The Market Then Hung Around / Consolidated At That Key Daily Time Frame Chart Market Level Of Support At 108.330... For About 3 Days Before Ultimately Pushing Higher Up...
8. The Market Then Approached A Key Daily Time Frame Chart Market Level Of Resistance At 109.740... Where It Ultimately Began To Interact With That Same Key Daily Time Frame Chart Market Level Of Resistance Where The Market Began To Move Lower Down Back To... But Not Directly At The Key Daily Time Frame Chart Market Level Of Support...
9. As You Can Clearly See From Looking At The Chart That The Market Clearly Encountered Support At A Support Zone Around 108.600 - 108.650. Price Then Pushed Higher Up Immensely Where Now Approached Key Daily Time Frame Chart Market Level Of Resistance At The 109.740 Level...
10. As You Can Clearly See From Looking At The Chart That Price Is Now Looking To Interact With That Level... As Of Right Now... We Just Need To Wait And See What Will Happen / Occur... It Is At This Time Now That As A Price Action Trader... It Is Best To Just Sit On Your Hands And Wait To See What Will Be The Outcome... At That Area With The Question Mark...
✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬
#2. W & D1-TFC KEY MARKET LEVELS
✬- KEY WEEKLY & DAILY TIME FRAME CHART MARKET LEVELS OF SUPPORT AND RESISTANCE-✬
ANALYSIS OF THE WEEKLY TIME FRAME CHART & ANALYSIS OF THE DAILY TIME FRAME CHART
THE WEEKLY TIME FRAME CHART MARKET LEVELS OF RESISTANCE & THE WEEKLY TIME FRAME CHART MARKET LEVELS OF SUPPORT- SHOWN ON CHART
THE DAILY TIME FRAME CHART MARKET LEVELS OF RESISTANCE & THE DAILY TIME FRAME CHART MARKET LEVELS OF SUPPORT- SHOWN ON CHART
THE KEY WEEKLY TIME FRAME CHART MARKET LEVELS OF SUPPORT AND RESISTANCE ARE:
A Key Weekly Resistance Level At- 110.975
A Key Weekly Support Level At- 107.815
A Key Weekly Support Level At- 104.975
A Key Weekly Support Level At- 104.430
A Key Weekly Support Level At- 102.605
THE KEY DAILY TIME FRAME CHART MARKET LEVELS OF SUPPORT AND RESISTANCE ARE:
A Key Daily Support Level At- 108.330
A Key Daily Support Zone Between- 107.480 & 106.975
✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬
#3- PA MARKET TRADING SIGNALS / SETUPS
As Of Right Now I Am Only Looking For PRICE ACTION MARKET TRADING SIGNALS / SETUPS That May Form / Develop At / From That Key Daily Time Frame Chart Market Level Of Resistance Or A Retrace Back To A Key Chart Support Level
✬✬✬✬✬BE ON THE LOOKOUT FOR THE FORMATION / CREATION OF PRICE ACTION MARKET TRADING SIGNALS / SETUPS THAT MAY FORM AT Or FROM THAT KEY DAILY TIME FRAME CHART MARKET LEVEL OF RESISTANCE✬✬✬✬✬
✬✬✬✬✬Smart Thing To Do Now Is Just To Wait For A RETRACE Back To A Key Level Or The FORMATION / CREATION Of A PAM-S/S- PRICE ACTION MARKET TRADING SIGNAL / SETUP To Form✬✬✬✬✬
✬✬✬✬✬AS THE WEEK PROGRESSES THE MARKET IS SUBJECTED TO CHANGE THROUGH PRICE ACTION MARKET MOVEMENTS...SO BE ON THE LOOKOUT AND STAY ALERT✬✬✬✬✬
✬✬✬✬✬A PRICE ACTION MARKET TRADING SIGNAL Has Formed From Last Friday's Movement Upward... But That Would Be A Counter-Trend Trade... I Would Prefer
To Wait For The FORMATION / CREATION Of A PRICE ACTION MARKET TRADING SIGNAL / SETUP To Form In-Line With The Trend Or From A Key Market Chart Level✬✬✬✬✬
✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬
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#1. D1-DTFC MARKET TREND
✬- MARKET TREND / MARKET BIAS- THE DAILY TIME FRAME CHART MARKET TREND / MARKET BIAS-✬
MARKET TREND / MARKET BIAS- The Overall Daily Time Frame Chart Market Trend As Of Right Now Is BULLISH- The Market Is In A Bullish Trend
The Market Has Been In An Uptrend Since The 6th Of January, 2021
It Has Been Constantly Rising And Making HH- HIGHER-HIGHS & HL- HIGHER-LOWS
1- The Market Then Suddenly Made An Explosive Move Upward Where It Came Into Contact With The Key Weekly Time Frame Chart Market Level Of Support At 104.975
2- The Market Then Continued Its Push Higher Upward Where It Broke Past The Key Weekly Time Frame Chart Market Level Of Resistance At107.815
3- The Market Then Re-tested That Same Key Weekly Time Frame Chart Market Level Of Resistance... Which Has Now Turned To A Key Weekly Time Frame Chart Market Level Of Support
4. The Market Then Continued The Push Higher Where It Retraced Back To A Key Daily Time Frame Chart Market Level Of Support At 108.330... Where It Then Continued The Push Higher Up...
5. The Market Then Arrived At A Key Weekly Time Frame Chart Market Level Of Resistance... Where It Encountered Some Major Resistance... And Ultimately Retraced Back Down To Break The Key Weekly Time Frame Chart Support Level... To Then Stop At The Key Daily Time Frame Chart Market Level Of Support At 107.480
6. The Market Then Reacted At That Level Which Ultimately Pushed Back Up Substantially... Where Price Then Created A PRICE ACTION MARKET TRADING SIGNAL (A BEARISH PIN BAR SIGNAL) Where Price Then Pushed Back Downward To A Key Daily Time Frame Chart Market Level Of Support
7. The Market Then Hung Around / Consolidated At That Key Daily Time Frame Chart Market Level Of Support At 108.330... For About 3 Days Before Ultimately Pushing Higher Up...
8. The Market Then Approached A Key Daily Time Frame Chart Market Level Of Resistance At 109.740... Where It Ultimately Began To Interact With That Same Key Daily Time Frame Chart Market Level Of Resistance Where The Market Began To Move Lower Down Back To... But Not Directly At The Key Daily Time Frame Chart Market Level Of Support...
9. As You Can Clearly See From Looking At The Chart That The Market Clearly Encountered Support At A Support Zone Around 108.600 - 108.650. Price Then Pushed Higher Up Immensely Where Now Approached Key Daily Time Frame Chart Market Level Of Resistance At The 109.740 Level...
10. As You Can Clearly See From Looking At The Chart That Price Is Now Looking To Interact With That Level... As Of Right Now... We Just Need To Wait And See What Will Happen / Occur... It Is At This Time Now That As A Price Action Trader... It Is Best To Just Sit On Your Hands And Wait To See What Will Be The Outcome... At That Area With The Question Mark...
✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬
#2. W & D1-TFC KEY MARKET LEVELS
✬- KEY WEEKLY & DAILY TIME FRAME CHART MARKET LEVELS OF SUPPORT AND RESISTANCE-✬
ANALYSIS OF THE WEEKLY TIME FRAME CHART & ANALYSIS OF THE DAILY TIME FRAME CHART
THE WEEKLY TIME FRAME CHART MARKET LEVELS OF RESISTANCE & THE WEEKLY TIME FRAME CHART MARKET LEVELS OF SUPPORT- SHOWN ON CHART
THE DAILY TIME FRAME CHART MARKET LEVELS OF RESISTANCE & THE DAILY TIME FRAME CHART MARKET LEVELS OF SUPPORT- SHOWN ON CHART
THE KEY WEEKLY TIME FRAME CHART MARKET LEVELS OF SUPPORT AND RESISTANCE ARE:
A Key Weekly Resistance Level At- 110.975
A Key Weekly Support Level At- 107.815
A Key Weekly Support Level At- 104.975
A Key Weekly Support Level At- 104.430
A Key Weekly Support Level At- 102.605
THE KEY DAILY TIME FRAME CHART MARKET LEVELS OF SUPPORT AND RESISTANCE ARE:
A Key Daily Support Level At- 108.330
A Key Daily Support Zone Between- 107.480 & 106.975
✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬
#3- PA MARKET TRADING SIGNALS / SETUPS
As Of Right Now I Am Only Looking For PRICE ACTION MARKET TRADING SIGNALS / SETUPS That May Form / Develop At / From That Key Daily Time Frame Chart Market Level Of Resistance Or A Retrace Back To A Key Chart Support Level
✬✬✬✬✬BE ON THE LOOKOUT FOR THE FORMATION / CREATION OF PRICE ACTION MARKET TRADING SIGNALS / SETUPS THAT MAY FORM AT Or FROM THAT KEY DAILY TIME FRAME CHART MARKET LEVEL OF RESISTANCE✬✬✬✬✬
✬✬✬✬✬Smart Thing To Do Now Is Just To Wait For A RETRACE Back To A Key Level Or The FORMATION / CREATION Of A PAM-S/S- PRICE ACTION MARKET TRADING SIGNAL / SETUP To Form✬✬✬✬✬
✬✬✬✬✬AS THE WEEK PROGRESSES THE MARKET IS SUBJECTED TO CHANGE THROUGH PRICE ACTION MARKET MOVEMENTS...SO BE ON THE LOOKOUT AND STAY ALERT✬✬✬✬✬
✬✬✬✬✬A PRICE ACTION MARKET TRADING SIGNAL Has Formed From Last Friday's Movement Upward... But That Would Be A Counter-Trend Trade... I Would Prefer
To Wait For The FORMATION / CREATION Of A PRICE ACTION MARKET TRADING SIGNAL / SETUP To Form In-Line With The Trend Or From A Key Market Chart Level✬✬✬✬✬
✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬✬