Hello, everyone. Thanks for reading. You can sell, risk reward is good. Thanks for reading Dont foreget to leave a like if you liked my idea
Hello my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. USDJPY is now at a crucial point as its close to its resistance level. if it breaks the resistance line it will go up towards the upper Resistance. If the pair falls back then it will come...
Potential long set up inbound. Wait for the pullback, before looking long. We analysed this pair on weekly chart, click the link in the related ideas section below to check it out ⬇️
As chart shows, after breaking horizontal resistance, we see double bottom in H4 and it telling us its best entry point in uptrend movement. feel free to ask questions Thank you for reading and leave your comments if you like.
I am going to be selling NZDJPY, planned this on H3 timeframe so i expect to be holding for 4-7 hours. Follow @zenvestments on instagram :)
USDJPY Is in accumulation to attempt to tag a level in the 120 area. There is a lot of downward momentum on the monthly and weekly charts so watch to see if this gets absorbed. 2/3 of the wedge I would look for breakout, if we reach the apex of the wedge then it has been absorbed and will more than likely fail.