forexrockz

forexrockz

Certainly not expecting a big retracement, but I am watching for a buy

forexrockz

In terms of targets, my fib levels are key indicators and watching price action at those levels.

forexrockz

The 4H double bottom indicates a strong retracement is expected

forexrockz

MACD Divergence indicating reversal, along with a daily top, and 4H double top. Refer to chart for more details

forexrockz

Price respecting major support, also confluence of two weekly trendline - creating a double bottom. So safe bet to expect a bounce up. With the USD weakness, I don't think this bounce will last and change overall trend, so a bearish outlook on USDJPY in the longer term

forexrockz

Refer to chart

forexrockz

Refer to chart

forexrockz

Refer to chart

forexrockz

Refer to chart

forexrockz

Refer to chart

forexrockz

Strong weekly close and JPY weakens across the board

forexrockz

Refer to chart for details

forexrockz

I am waiting for ECB interest rate to see if major resistance will be broken or not

forexrockz

Refer to chart for details

forexrockz

Wait to see how price reacts first

forexrockz

After the interest rate hike, the CAD is strengthening further

forexrockz

A beautiful breakout trade with a great reward

forexrockz

The entry is up to you - but I've determined the target and it's a good risk to reward