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aksmyrak2
Aug 2, 2021 12:31 AM

Idea for USDJPY Long

U.S. Dollar/Japanese YenFXCM

Description

Price moves from a premium to a discount and vice versa. So we see price move from a HTF discount array and that it is still in the discount boundaries which we found by using a fib from the high and low of the consolidation in the 4HR time frame. Since we are moving from a HTF discount and are still in a discount, we will look for price to reach a premium and be bullish. Also my 9 length moving average is going to cross above my 18 length which again signals bullishness. LMK what you guys think!!!
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