USD/JPY: Lower High market structure
USD/JPY it's suppose to continue bearish, but it's appear that watching from now!!! We're in the formation of the upside movement that we can to contemplate that it's making LL = Lower low, then HH = Higher High, then Lower high recently. And also, this could to get me an clue that USD look bullish in this formation that Dollar make.
It's better analyzing how the par behaviour!!!
This it's the H4 panoramic there!!!
And also, it's unlike that Dollar going bearish in this way as we form a bearish channel ,but we're in the key support here that I mark in the blue arrow.
So guys, I change to long in USD/JPY now. It's time to change to short from long in this market structure explained.
I put in long now in $132.47 JPY, Stop Loss n $132.01 JPY and take profit in $133.95 JPY.
Good luck in this long position
It's better analyzing how the par behaviour!!!
This it's the H4 panoramic there!!!
And also, it's unlike that Dollar going bearish in this way as we form a bearish channel ,but we're in the key support here that I mark in the blue arrow.
So guys, I change to long in USD/JPY now. It's time to change to short from long in this market structure explained.
I put in long now in $132.47 JPY, Stop Loss n $132.01 JPY and take profit in $133.95 JPY.
Good luck in this long position
