USDJPY Look for the break.

FX:USDJPY   U.S. Dollar / Japanese Yen
I am not convinced the USD has retraced all that it is going to. I could be wrong. Overall I am bullish on the USD I feel there could be another pulse down before a larger move up.

Look for breaks and corrections. Buy or sell out of the corrections they may be small but you need confirmation of direction.
Comment: I would have preferred a more bullish close on the 1 hr. The 15 minute pin bar gives me a bit of concern. To take this a trade here I would like to see a shallow bear flag in which I can see a v small 3 wave pattern. It may break lower but I would rather miss the trade and wait for a better set up. Unless this is channeling we may be running out of down I will wait to see what price action gives us.

Trade safely. Educate, Anticipate, Validate and Participate. Be responsible for your own trades.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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