RaynLim

USDJPY-Weekly Market Analysis-Dec18,Wk4

Long
FX:USDJPY   U.S. Dollar / Japanese Yen
Merry Xmas to all traders, in the interesting development of the US, this Xmas season for trader might not be that quiet afterall.

On The Daily Chart,(right) shows a bull Gartley formation and is approaching the Pt D completion.

With the news of Donald Trump might remove Jerome Powell rumour, USD may fall if its true and not a rumour.

I will need a H4 chart confirmation(left) for a buy entry for this.

USD on Daily chart is bullish but for Aggressive seller, you can wait for market retest to the red box for a shorting opportunity.

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