Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈As per our last USDJPY analysis, it rejected the orange support zone and has been trading higher.
What's next? As USDJPY approaches the upper blue trendline, we will be looking for shorts.
🏹 The highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and green supply zone.
📚 As per my trading style:
As #USDJPY retests the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
Meanwhile, USDJPY would remain bullish medium-term and a bullish continuation towards the red circle is expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
📈As per our last USDJPY analysis, it rejected the orange support zone and has been trading higher.
What's next? As USDJPY approaches the upper blue trendline, we will be looking for shorts.
🏹 The highlighted red circle is a strong area to look for sell setups as it is the intersection of the upper blue trendline and green supply zone.
📚 As per my trading style:
As #USDJPY retests the red circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
Meanwhile, USDJPY would remain bullish medium-term and a bullish continuation towards the red circle is expected.
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Transakcja zamknięta: osiągnięto wyznaczony cel
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
📊I help you turn charts into a career
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
theSignalyst.com
Telegram
t.me/thesignalyst
Trusted Crypto Exchange
cutt.ly/qtwKuPaJ
Trusted CFD Broker
cutt.ly/TickmillReal
Trusted Crypto Prop Firm
cutt.ly/Hyrotrader
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.