The USDJPY is exiting the upward price channel. The price is heading towards a strong resistance zone. What's next?
Price is heading towards the resistance zone (tandem between the 200 hour moving average and the liquidity zone).
There is a good chance that price will bounce from the strong resistance zone.
There was no confirmation of the trend change, there is a chance that price could easily fall to 132.000 131.00
I expect the resistance area to be tested as a false-break or a touch. It is worth waiting for consolidation under the resistance level to form an entry point. The short-term target is the support at 131.00, the medium-term target is the support area at 130.00
Regards R.Linda!
Price is heading towards the resistance zone (tandem between the 200 hour moving average and the liquidity zone).
There is a good chance that price will bounce from the strong resistance zone.
There was no confirmation of the trend change, there is a chance that price could easily fall to 132.000 131.00
I expect the resistance area to be tested as a false-break or a touch. It is worth waiting for consolidation under the resistance level to form an entry point. The short-term target is the support at 131.00, the medium-term target is the support area at 130.00
Regards R.Linda!
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: telegram.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: telegram.me/RLindaSignals
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.