Bounce or Drop? 1m chart

FX:USDJPY   U.S. Dollar/Japanese Yen
89 4 3
I'm behind both fences on this one. Clear support shown here, which we've arrived back at this support line. Two things can happen, but I feel that this could bounce from the support and work it's way back up... However, it's my first time doing a chart so I am COMPLETELY open to your thoughts and comments.

Cheers guys, great community we have here. :)
6 months ago
You will have to observe higher time-frames as well for more analysis.
TradZ TradZ
6 months ago
Accurate analysis that is:)
+1 Reply
TMPWT_Player1 TradZ
6 months ago
Definitely agree there matey! For this one, I guess I wanted an idea of direction? Have no idea where to start as a complete rookie... :P HAHA!
TradZ TMPWT_Player1
6 months ago
I can't really say where to start either, but all I can say is that the more you observe and study, it will come to you. You may like to work with the magic candle sticks(Heikin Ashi):) as I do. But still best to learn jap sticks as well for certain situations when need be
Ideas Scripts Chart
United States
United Kingdom
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out