Helloo...My Dragon Friends
I see USDJPY prediction for this week, still sideways.
we wait until break the resistance or the support.
Hellooo...My Dragon Friends
I see USDJPY for last one week not going any where.
but candle move going smaller, make Symetrical triangle.
Lets see where blue line will break. break up line will going up and break down line will going down.
#usdjpy, 2nd july daily key reversal bar dictation further weakness ahead, 3rd july insurance bar confirmed weakness. jpy one year bullish extreme suspect reversal in jap as strength soon for medium and longer term.
We consider to buy this pair because the New Jerusalem Ultimate Band Indicator signal line is very bullish though it suggests that there might be a short pull back and then the price will continue to shoot up before we get stopped out. Also the price has attained a strong support from the New Jerusalem Band Indicator lower line suggesting a strong bullish move...
Market Structure is there! There should be a lot of fuel for the run and we can wait for a break of structure to the upside to confirm it.
111.05 Level is an area of interest that is particularly interesting.
My bias sorry bears the bulls are out to play.
Comments are welcome! Have your say.
DAILY - BULLISH
4HR - BULLISH
PLAN OF ACTION
IM EXPECTING PRICE TO COME RETEST THE MINOR ZONES ON 4HR THEN WE TAKE BUYS IN LINE WITH THE HIGHER TIME FRAME INDICATION
ENTRY @ MINOR ZONES
EXIT AT 106.2 ZONE
SL BELOW THE 0.84 ZONE
In a 240-minute chart, the Ending Diagonal pattern is formed, there is a scenario that a strong uptrend will be formed according to this pattern.
As it has been shown in the picture, the target of this pattern is in the range of 109.85, and the loss limit will be 103.52.
Daily time frame analysis and the general trend will be determined soon
We have seen a breakout upward in the continuation of long term upward trend as the ascending triangle has been broke thus a upward move is expected.
If you do like the idea like and comment down whether you agree or not and do follow me
Note this is not a trading advice and I am wrong100%
Previous post of USD will hit the 109.347
Correction is happening towards the US markets.
Dow Jones lose 1200 points while stocks fell for the six(6) straight days. On 12th Feb equities peaked. Dow Jones fell around 10%. The selling almost equal like S&P500 and Nasdaq. On the other hand, Yen and Franc has been main beneficiaries of risk aversion. Investors...