USDJPY – USD potenicial buy
Trend: Strong Buy
Support/Resistance:
R3: 111.068
R2: 110.240
R1: 109.718
S1: 108.969
S2: 108.647
S3: 108.325
Price action:
We've been same in this trade from previous week because of buyers good momentum. The end of week end up at great position for potencial buy side. If something will change then follow risk management rules from elite strategy lessons.
Potencial trade idea:
Bulls targets:
T1 = 109.718
T2 = 110.240
T3 = 111.068
Bears targets:
108.325
NOTE – We are trading USDJPY via the preferred trading setups
Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
ELITEFXACADEMY
Trend: Strong Buy
Support/Resistance:
R3: 111.068
R2: 110.240
R1: 109.718
S1: 108.969
S2: 108.647
S3: 108.325
Price action:
We've been same in this trade from previous week because of buyers good momentum. The end of week end up at great position for potencial buy side. If something will change then follow risk management rules from elite strategy lessons.
Potencial trade idea:
Bulls targets:
T1 = 109.718
T2 = 110.240
T3 = 111.068
Bears targets:
108.325
NOTE – We are trading USDJPY via the preferred trading setups
Disclamer1: We have to wait for a currency pair to trade after news are reliased. This might be a short correction, or price will give us moving dirrection after news are reliased.
Disclaimer2: Martin's views on the Chart analysis is ment as a trading advice for education terms; Education terms include: trading consistency to everyone who is reading this blog; for every advance student and for every Elite student who is using this analysis for managing his equity by Elite strategy and custom indicator. This analysis is understandable and transparent for all Elite students. This is a free content which is based from Academy in term of transparency to support and following progress to everyone. We know that there is always possible way that market can pull you out even when you follow our analysis blog and advice for a trade. We don't publish where you have to have your risk management – Stop Loss, because, it would not be fair to Elite members, who learned this techniques in our Elite course.
ELITEFXACADEMY
Comment:
Looks good to trade