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
Pubblicazioni correlate
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.