848evo

[ANALYSIS] USDJPY Ranging on D1 Chart

FX:USDJPY   U.S. Dollar/Japanese Yen
33 0 3
USDJPY             is still just ranging back and forth on the D1 chart with no clear direction. I'm expecting more downward pressure in the short term, but will wait until PA breaks the box before entering any trades.
***** HOW TO READ THE CHART: The red and blue lines represent clusters of BUY/SELL orders. The thicker the line, the stronger the cluster. Red = SELL, Blue = BUY. Grayed Out = Cluster Hit & Gone.
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