Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
Here is a detailed update top-down analysis for USDJPY .
Which scenario do you think is more likely to happen? and Why?
Always follow your trading plan regarding entry, risk management, and trade management.
Good Luck!.
All Strategies Are Good; If Managed Properly!
~Rich
We may get a big short on gold next week back to the 1240-1230 area. If it happens, I expect it to pull back into the 60-70's so the weekly candle will have a nice wick. Leaving us with another Monthly candle like March.
Here's my long term idea. Imagine the red arrow to fractal & be a mirror for the green arrow. When we break the green line, we may get moves...
