if the price didn't break 105.16. then, if USDJPY didn't break 105.16, we can trade on short position again. but for this action you must be carefully cause in Time frame D1 USDJPY have a chance to change from down trend to uptrend. for now this trend change for D1 still not conform. that why i can say "we have a chance to do short position for short term". the...
if the price didn't break 105.16. then, if USDJPY didn't break 105.16, we can trade on short position again. but for this action you must be carefully cause in Time frame D1 USDJPY have a chance to change from down trend to uptrend. for now this trend change for D1 still not conform. that why i can say "we have a chance to do short position for short term". the...
head and shoulder for USDJPY H4
Now, USDJPY should create right shoulder and if right shoulder is valid then the price will be move to around 101.96 as first target. after that the price will be rebound make corrective line to 103.49 - 104.13 as second target.
at point 105.52 can be stop loss for SELL position on the right shoulder. make sure, range entry point...