docholliday

USDJPY D Chart PA - Targets and AOIs

Long
OANDA:USDJPY   U.S. Dollar / Japanese Yen
So we keep going UP on the D UJ chart. I have marked some D AOI (area of interest) and STT (Short term target) above. Currently I see an area of interest above at the 4280-4300 area. Bull protection IMO is at the prev sell block attempt/failure marked and further at the important block lower. Both areas marked. For this week, I expect a continued charge toward target noted above. Lets see how the week moves after holiday. Expect nothing on Monday due to US Holiday. Pattern/ PA - we have a nice break of Spike and channel TL with new high in place.. by that analysis we can begin to head lower anytime. There are other TF reasons I am personally looking for that higher target.. we will see

Happy trading! -- ;) Doc
Comment:
i promise it is not magic ;)
Comment:
Hmm.. may want to re-look at these areas now.. hahahaha ;)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.