USDJPY Short forecast 20/12/2019 - High probability setup
ToS Daily/ weekly 3rd touch areas
(Lime green) (1.i) Highest probability area high probability setup - Daily DT Near TOS
(Lime green) (1.ii) High probability area high probability setup- Daily 3rd touch ToS
(Light green) (2) High probability but slightly more valid setup - weekly 3rd touch
(Blue) (3) High probability area valid setup - 1st correction entry off the minor 3rd touch 1h/4h pattern
For trades (1.i), (1.ii) and (2) i will be looking for a LTF reversal entry off the HTF inflection points then ill look to take the 1st correction after the rejection as the 2nd entry opportunity.
For trade (3) i will look to take this as a 1st correction after the rejection and impulse away from the minor 3rd touch 1h pattern. This trade is lower probability so i may leave it if it is not clean.
(Lime green) (1.i) Highest probability area high probability setup - Daily DT Near TOS
(Lime green) (1.ii) High probability area high probability setup- Daily 3rd touch ToS
(Light green) (2) High probability but slightly more valid setup - weekly 3rd touch
(Blue) (3) High probability area valid setup - 1st correction entry off the minor 3rd touch 1h/4h pattern
For trades (1.i), (1.ii) and (2) i will be looking for a LTF reversal entry off the HTF inflection points then ill look to take the 1st correction after the rejection as the 2nd entry opportunity.
For trade (3) i will look to take this as a 1st correction after the rejection and impulse away from the minor 3rd touch 1h pattern. This trade is lower probability so i may leave it if it is not clean.
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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.