USDJPY Day Chart - At critical price level

14 août 2023

Make or break level. Once move beyond there's room for more upward momentum, same as if back down.

Watch next few day price movement for a potential easy trade.

Cut losses early if unconfident, protect gains when market move in your favour.

14 août 2023

Note

Harmonic pattern can be disregarded, 0.726 not really a valid setup. pattern is drawn after price moved there.

14 août 2023

Note

or can be put as a .786 pattern, pretty close that way. price has already moved down from there once, invalid now regardless.

15 août 2023

Note

the signal is set and it's go long til 148.81

16 août 2023

Note

in the money if you entered early enough. consider breakeven stop soon.

18 août 2023

Note

can buy more once pull back to 145.184

19 août 2023

Note

move stop to breakeven if you entered at 145.184

1 sept. 2023

Note

breakeven stop hit. trade closed.