AlexHillFX

USDJPY H4 Breakout Idea

FX:USDJPY   U.S. Dollar / Japanese Yen
48 views
2
1. H4 shows Bearish Bias long term.

2. Trend lines applied and swing highs and lows formed.

3. Recent 4 days of PA is consolidated and box drawn.

4. MA looks to be crossing - could we see breakout to retest the and make a new LH/LL?

5. Marked up scenarios upon a break of consolidation.

Comments