USDJPY | Perspective for the new week

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The decline of the Greenback accelerated following the release of US economic data and bottomed at 136 to test the bullish trendline identified on the daily time frame hereby reaching its lowest level in two weeks. Now, the question is: Is price action going to respect or breakthrough the bullish trendline during the new week? In this video, I have explained how to take advantage of any momentum that comes in.

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Dagangan aktif
Two scenarios at the moement

syot kilat

Good morning
Dagangan aktif
a couple of rejections of the key level @ 136.650 is likely going to incite a bearish drive. Let,s see if there is going to be a breakdown of the trendline to give us the bearish signal.

syot kilat

Good morning
Dagangan aktif
It has been a long wait! We now have a bearish signal in the form of a breakdown of the key level at 136.650; it's time to lookout for a reversal pattern in the lower time frame to join a potential decline.

syot kilat

Good evening
Dagangan aktif
syot kilat

Good morning
Dagangan ditutup secara manual
Expecting price to come back and do a retest of structure to join the trend continuation

syot kilat
Chart PatternsDouble TopnecklinetraderpriceactionreversalpatternTrend AnalysistrendcontinuationpatternsUSDJPYusdjpyanalysisusdjpysignals

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