VasilyTrader

USDJPY: Trading Plan For Next Week

Короткая
FX:USDJPY   Доллар США / Японская иена

hey traders,

after a very good long trade that we have taken this week, it is time to adjust our trading plan.

Next week I will be paying close attention to a rising wedge pattern that can be easily identified on 1h and 4h charts.
On Friday the market has closed approaching a support line of the wedge .
Most likely buyers will push the market higher from this point setting a new higher high higher close within the wedge .

On my focus will be a wide supply area 108.2 - 108.5.
Selling orders will accumulate in this zone and there will be a high chance to see a selloff.

Our confirmation signal will be a bearish violation of a rising wedge .
Target levels will be 107.9 and 107.5

Stop will be above the highest point of the wedge .

Good luck!

*Please, if you want more signals, support this idea liking it and leaving a comment, thank you!:)

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
Отказ от ответственности

Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.