Hello Traders!,
Hope everyone had a successful week trading, here's my analysis on USD/JPY for the next week we have ahead of us
What Is The Market Telling Us?
Hope everyone had a successful week trading, here's my analysis on USD/JPY for the next week we have ahead of us
What Is The Market Telling Us?
- Consolidation has been occuring for the past 2 trading weeks ranging from support & resistance
- Bearish fakeout has occured to STOP OUT retail traders from their sells to bring the market to a higher price
- Bullish crossover has occured
- Price has reached peak bullish volatility and is now halted by resistance level
- This scenario can go both ways, if youre LONG look for a clear break & retest of resistance before BUYING
- If you're SHORT, wait for a bearish candle close or a bearish pattern to occur before SELLING
交易結束：目標達成:
