Hey traders, in this week we are monitoring USDJPY for a selling opportunity around 114.7 zone, once we will receive any bearish confirmation the trade will be executed. Trade safe, Joe.
Looking good! Have an identical set-up, but looking on the Daily for long positions after this drop [Hopeful of this drop]
There is an Ascending Channel on the Daily [HH] - After a breakout of a Long Term Range on the Weekly [May be a Fake-Out though] But yeah, Looking at the Confluence of the Ascending Channel and Horizontal Support @112.727 on the Daily for Buys
There is an Ascending Channel on the Daily [HH] - After a breakout of a Long Term Range on the Weekly [May be a Fake-Out though]
But yeah, Looking at the Confluence of the Ascending Channel and Horizontal Support @112.727 on the Daily for Buys
Nice Analysis!