A great week for USDJPY! I missed out on my analysis for Week 16 as I am overseas, however, I am still trading the market!
USDJPY made a great move towards the end of Week 17. I had a wrong level count previously that led to me still looking for another high to be made in Week 17.
Now looking at the situation, USDJPY actually made a reversal pattern in Week 17 which coincided with level 3 of the bull trend.
In Week 18, the analysis points the movement towards bearish and we will be likely to be able to profit from a bear movement followed by consolidation at the end of Week 18.
I personally would be entering a short, since the outlook is bearish and I am comfortable with the situation.
I hope my analysis has provided you with some insights, please like and follow me, thank you!
USDJPY made a great move towards the end of Week 17. I had a wrong level count previously that led to me still looking for another high to be made in Week 17.
Now looking at the situation, USDJPY actually made a reversal pattern in Week 17 which coincided with level 3 of the bull trend.
In Week 18, the analysis points the movement towards bearish and we will be likely to be able to profit from a bear movement followed by consolidation at the end of Week 18.
I personally would be entering a short, since the outlook is bearish and I am comfortable with the situation.
I hope my analysis has provided you with some insights, please like and follow me, thank you!
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.