InvestMate 💱 USD/JPY Reaching the First Resistance Zone 💱
💱 USD/JPY Reaching the First Resistance Zone
💱 Nearest strong support zone: around recent lows.
💱 Nearest strong resistance zone: around the fibo level 0.236 of the downward wave.
💱 Technical environment:
📊 Moving averages: 50/50.
📊 MACD: Uptrend
📊 RSI: Uptrend
💱 Price Action: USD/JPY As I wrote in the last post, the first resistance zone has been reached, where we can expect a reaction that will bounce the price south again. I encourage you to observe this pair on lower intervals to find a turning point.
📉 The scenario I'm playing is to wait for the beginning of a downward retracement. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. 🚀
💱 Nearest strong support zone: around recent lows.
💱 Nearest strong resistance zone: around the fibo level 0.236 of the downward wave.
💱 Technical environment:
📊 Moving averages: 50/50.
📊 MACD: Uptrend
📊 RSI: Uptrend
💱 Price Action: USD/JPY As I wrote in the last post, the first resistance zone has been reached, where we can expect a reaction that will bounce the price south again. I encourage you to observe this pair on lower intervals to find a turning point.
📉 The scenario I'm playing is to wait for the beginning of a downward retracement. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. 🚀
Nota
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
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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.
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌🌌
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.