USDPY, Strong downward on D1==> Sell Short

OANDA:USDJPY1D

USD/JPYOANDA

Description

⋅ Oct 14, 2018 10:28 AM

D1:
- Strong downward
- Below resistance
--> Waiting pullback==> Sell

Comment

⋅ Oct 14, 2018 10:33 AM

H1:
- Downtrend weakening
- Double bottom
- Test support--> Give signal UP
--> BUY

Comments

dolphindave

⋅ Oct 14, 2018 10:58 AM

Love that analysis combining the day and hour charts. Nice work. If we combine the last 3 currencies you analysed It would indicate the top trades to be gbpaud sell gbpjpy sell

DatTong

⋅ Oct 14, 2018 6:22 PM

@dolphindave, hope you like it

anhtuhu

⋅ Oct 16, 2018 4:37 AM

Nice analysis, How long it take to 112.9 man? Should I go long on H1 TF? Or waiting for reteting D1 support and then go SHORT

Thanks.