$USDJPY | Sellers are ready but what about you?- POTENTIAL DROP!
Hey Everyone
In this analysis we're shorting the pair US dollar against the Japanese yen,
Different Timeframes are put in consideration where
M60 Chart Indicates an Overbought Price action which needs a correction
(only if it reaches our selling zone area in OB condition)
H4 Chart Indicates Dynamic Resistance which price is expected to reverse
whereas, on Daily Chart price is ranging in between 50% zone of monthly Swing
(In this case market usually correct itself to gain a constant momentum)
check out our EURUSD Analysis to understand about this scenario,
More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
In this analysis we're shorting the pair US dollar against the Japanese yen,
Different Timeframes are put in consideration where
M60 Chart Indicates an Overbought Price action which needs a correction
(only if it reaches our selling zone area in OB condition)
H4 Chart Indicates Dynamic Resistance which price is expected to reverse
whereas, on Daily Chart price is ranging in between 50% zone of monthly Swing
(In this case market usually correct itself to gain a constant momentum)
check out our EURUSD Analysis to understand about this scenario,
More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
Transaction en cours:
1.618 Fibonacci extension on recent swing
(Major Reversal Level) plotting Sharply at our selling zone!
(Major Reversal Level) plotting Sharply at our selling zone!
Transaction en cours:
Yesterday US Stock suffers whereas Yen remains the same
resulting in an early drop on USDJPY
Similar movement was seen in SPX500 analysis that we posted earlier
Shorting the asset from heavy resistance
For USDJPY it's now Filling the Market gap and if it still reaches our
Selling zone with a positive Overbought ratios then we'll short it
accordingly!
resulting in an early drop on USDJPY
Similar movement was seen in SPX500 analysis that we posted earlier
Shorting the asset from heavy resistance
For USDJPY it's now Filling the Market gap and if it still reaches our
Selling zone with a positive Overbought ratios then we'll short it
accordingly!
Transaction en cours:
Order has been placed and Trend is getting so much stronger
Let's see if it will reverse accordingly
Let's see if it will reverse accordingly
Transaction en cours:
UPDATE INCREASE SL to 112.154
Trade fermée: ordre d’arrêt atteint:
US Dollar gaining strength and it's hard to Identify the next stop based on Technical
STOP HIT of (-50 PIPS) for those who remained at same position (-30)
Recovery Trade will be placed sooner!
STOP HIT of (-50 PIPS) for those who remained at same position (-30)
Recovery Trade will be placed sooner!
