USDJPY: BULLISH OVERALL , BUT I AM NEUTRAL UNTIL ZONE.
CONFLUENCE:
1. Price is above monthly support 110.680
2. I observed weekly higher low formed above daily support113.050
3. Price Is still bearish but approaching green trendline very bullishly
4. We could see a break above as resistance is very weak now.
OR we could see a double top formation, retest of resistance then a fall in price.
5. We shall wait for a break and retest of 114.240
OR test and rejection based on price action.
1. Price is above monthly support 110.680
2. I observed weekly higher low formed above daily support113.050
3. Price Is still bearish but approaching green trendline very bullishly
4. We could see a break above as resistance is very weak now.
OR we could see a double top formation, retest of resistance then a fall in price.
5. We shall wait for a break and retest of 114.240
OR test and rejection based on price action.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.