USDJPY ( SENSITIVE AREA BETWEEN TWO TURNING LEVEL ) (4H)

1 ago

USDJPY

HELLO TRADERS

• Tendency , the price inside two turning level at 151.741 & 150.399 .
  
  
• TURNING LEVEL (1) : the price of this level at 151.741, so if the price breaking this level reach a resistance level (1) .
  
  
• TURNING LEVEL (2) : the price of this level at 150.399 , so if the price breaking this level reach a support level (1) .
  
  
• RESISTANCE LEVEL (1) : this level around 153.190 , for reach this resistance level the price need breaking a turning level (1) .
  
  
• RESISTANCE LEVEL (2) : around 154.747 , for reach this level it will be breaking by open 4h or 1h candle above resistance level (1) .
  
  
• SUPPORT LEVEL (1) : this level around 149.058 , for reach this support level the price need breaking a turning level (2) .
  
  
• SUPPORT LEVEL (2) : support level at 147.068, for reach this level will be breaking by open 4h candle below support level (1) .
  
  
• CORRECTIVE LEVEL : currently price 150.582 , have two scenario , first corrective 151.741 , before dropping to touch a 150.399 , then 149.058, second corrective 150.399 to reach a 151.741, then breaking this level likely reach a resistance level (1).
  

TARGET LEVEL :

• RESISTANCE LEVEL : 153.190 , 154.747 .
  
• SUPPORT LEVEL : 149.058 , 147.068.