Since the top on the 8th of March, UsdJpy has dropped around 900 pips with every rally being sold in this short period.
However, this drop seems to have stopped on Friday with a Pin Bar marking the day, but more importantly, a reversal from under important 130 figure.
Since then the pair is consolidating and, more importantly, looks ready for a reversal.
I'm bullish on this pair as long as Friday's low is intact and as for the target, 135 zone resistance could provide a good R: R for a buy trade.
However, this drop seems to have stopped on Friday with a Pin Bar marking the day, but more importantly, a reversal from under important 130 figure.
Since then the pair is consolidating and, more importantly, looks ready for a reversal.
I'm bullish on this pair as long as Friday's low is intact and as for the target, 135 zone resistance could provide a good R: R for a buy trade.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.