1HR USDJPY-current bias: bullish.
1HR USD JPY
Current bias is bullish with a bullish engulfing followed by a doji that closes above the bullish engulfing candle. Those last 2 candles have broken out of the 1 HR support zone which confirms bullish bias.
Waiting for 3rd candle to complete to see if it is a bullish candle.The new/3rd candle sits at 0.50 fib level
Price may push up and returns to retest the wicks/area from last couple of hours before continuing to push up/bullish.
The TP is close to the 1 HR resistance where price had been rejected from breaking the zone a few times.
Current bias is bullish with a bullish engulfing followed by a doji that closes above the bullish engulfing candle. Those last 2 candles have broken out of the 1 HR support zone which confirms bullish bias.
Waiting for 3rd candle to complete to see if it is a bullish candle.The new/3rd candle sits at 0.50 fib level
Price may push up and returns to retest the wicks/area from last couple of hours before continuing to push up/bullish.
The TP is close to the 1 HR resistance where price had been rejected from breaking the zone a few times.
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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.