By analyzing the 4H chart of USDJPY we can see that it has finally gone through a correction after reaching as high as 159.90! Afterwards, it retested the March 16th NWOG but failed to stay above it, and then dropped all the way to 157.51 level, hitting the Feb 9th NWOG High and then bouncing back up, and it is currently being traded at 158.70.
If USDJPY keeps itself above the 158.69, we can see it going to retest the Bearish OB at 159.10. If it goes through, we can expect it to retest the March 16th NWOG once more.
However, if it fails to keep itself above the 158.69, we can see a drop to 158.10 which is the March 9th NWOG High, going to use it as a support zone to go back up.
Finally, if it fails to go through the Bearish OB, it can drop to 158.57.
If USDJPY keeps itself above the 158.69, we can see it going to retest the Bearish OB at 159.10. If it goes through, we can expect it to retest the March 16th NWOG once more.
However, if it fails to keep itself above the 158.69, we can see a drop to 158.10 which is the March 9th NWOG High, going to use it as a support zone to go back up.
Finally, if it fails to go through the Bearish OB, it can drop to 158.57.
거래청산: 타겟 닿음
159.10 reached. Free channel: t.me/AmirAliTrading_Official
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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.
Free channel: t.me/AmirAliTrading_Official
Wanna join the Gold, Forex and Crypto Premium channel or do you wanna start the mentorship? Contact me: t.me/Amirali_Trading
Wanna join the Gold, Forex and Crypto Premium channel or do you wanna start the mentorship? Contact me: t.me/Amirali_Trading
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.
