FX:USDJPY   U.S. Dollar/Japanese Yen
Looks like price wants to go and test R1

The accumulations period might have just finished. Accumulation, usually means a ranging period in trading technical terms. In bearish market, distribution happens instead; thus accumulation in the bullish market and distribution in the bearish market.

From the price action, you will notice that there have been nearly no sellers in this market. You can tell by the candlestick formations. The candlesticks indicates us a weakness in supply. This means that there is demand within this price range.

Good luck and Happy Trading :)
FOREXTRENDRIDER
2 years ago
hello
dear sir i follow your trading ideas
i have a problem
i can't speak and read any language
but i read and understand all market points
so if you don't mind i have one more suggestion
please mention the all entry point sl or tp top of the chart
this way its very easy of all your followers
i hope you understand my language
thanks for reading my massage
happy trading
bye
Reply
No_more_Post
2 years ago
USDJPY
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out