USDJPY on a double bottom, possible bounce | 18 June 2020 Long

U.S. Dollar/Japanese YenFXCM

Description

⋅ Jun 18, 2020 10:02 AM

USDJPY has formed a double bottom pattern, and it is likely to bounce from here.

Thanks everyone for tuning in to today's analysis . If any part of this video is unclear, please ask me for in the comment section below. If you found today's video useful in any way, please "like" this video and leave a comment on what currency pair you'd like me to analyze next too.
Until next time, see ya!

Trade closed manually

⋅ Jun 23, 2020 12:51 AM

Comments

rezaaminpour

⋅ Jun 19, 2020 7:41 AM

Perfect analyses

Nicolewoods

⋅ Jun 19, 2020 12:11 AM

Good analyses

FXCM

⋅ Jun 19, 2020 7:12 AM

@Nicolewoods, glad you like it

morgan666

⋅ Jun 18, 2020 8:32 PM

whats your opinion on vwap ?

FXCM

⋅ Jun 19, 2020 7:12 AM

@morgan666, we dont use it here but i guess it is more widely used in high frequency algo trade

JulieAdams

⋅ Jun 18, 2020 5:06 PM

Well done

FXCM

⋅ Jun 19, 2020 7:12 AM

@JulieAdams, glad you like it

nrmt2010

⋅ Jun 18, 2020 12:20 PM

Nice analysis and explanation. Good Luck to you.