USDJPY ON THE RISE AS ITS ATTEMPT TO LIGHTEN CURRENCY FAILED
Pair: USDJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, fakeout?
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Key Takeaway: Seen a break of trend line last week but you have to remember this was only due to JPY's attempt in aiding the currency, the bearish spike did not last long and is already back on the rise. Looking for breaks of high volume and resistance before we enter
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Level needed: need a close by —
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Trade: LONG
RISK:REWARD —
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle, fakeout?
—————
Key Takeaway: Seen a break of trend line last week but you have to remember this was only due to JPY's attempt in aiding the currency, the bearish spike did not last long and is already back on the rise. Looking for breaks of high volume and resistance before we enter
—————
Level needed: need a close by —
—————
Trade: LONG
RISK:REWARD —
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION