Hi Everyone, In this analysis we'll try to find a potential BUY Zone for our USDJPY as we're already in a shorting position and it's sitting in the middle of the recent daily swing, The selling pressure continues as market has crossed down the 200Day WMA where it's quit hard to go long so keep selling at the moment but here are few major plots where price is expected to bounce for a short term of period and we could buy this particular asset, First thing there is a Demand curve 107.319 with an L2 Pivot which is been overlapped by 0.618 Fibonacci level which eventually means a closing sight for this shorting period just keep an eye on this asset track every move and try to take as much as profit out from each swings Just set one rule for this trade confirm weather the price is been oversold if not then it's risky to go long anyways more updates will be posted and I'm here to take care of that so till then keep shorting!!!! and If you find my trading Ideas helpful then leave a LIKE also, Feel free to comment your thoughts/doubts, Here to Help :D
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