USDJPY is currently living in an upward price channel. There is a retest to the support and liquidity area at 132.9. What should we expect from the price?
Since we have a false-break and quite an appropriate price reaction, which is a return to the range and formation of the retest to the uptrend channel, we should look for patterns to open long positions.
The price falsely tests the support area 132.9 and the liquidity zone. Increased volatility is formed and the price returns back to the boundaries of the uptrend channel - hence, the trend persists and there is a possibility of strengthening of the currency pair from the support zone.
I expect growth of the price from the level 132.9. Short-term target - resistance 134.00 and 135.03. Medium-term - resistance of the channel and liquidity zone 136.5 - 136.8
Regards R. Linda!
Since we have a false-break and quite an appropriate price reaction, which is a return to the range and formation of the retest to the uptrend channel, we should look for patterns to open long positions.
The price falsely tests the support area 132.9 and the liquidity zone. Increased volatility is formed and the price returns back to the boundaries of the uptrend channel - hence, the trend persists and there is a possibility of strengthening of the currency pair from the support zone.
I expect growth of the price from the level 132.9. Short-term target - resistance 134.00 and 135.03. Medium-term - resistance of the channel and liquidity zone 136.5 - 136.8
Regards R. Linda!
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(don't copy, click on the links!)
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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
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.