Usdjpy monday/Tuesday projection
Dxy appears to be currently bullish so i expect usdjpy to do the same. Although a 15min tf bearish coch happened on Friday so i expect some kind of retracement or a short term sell before the bullish move occurs. Ideally i give projections for the week but this week economic calendar is loaded with high impact news so I expect lots of manipulation and so I’ll be trading it zone by zone. So i said I expect a short term sell because of the bearish coch on Friday on 15mins tf so I’m currently looking for price action bearish confirmation to sell into 140.4 which is a support level and might be the the support for the next bullish swing. For entry I’m looking at the 15mins bearish order block @ 2:15am Nigerian time or the rejection block at 2:30 am Nigerian time today monday and I’ll sell into the 140.4 level and wait for price action confirmation before i take a buy.
Note: the buy isn’t confirmed yet also the sell isn’t but it im waiting for low time frame confirmation and I’ll sell. To get follow up on the trade idea keep checking the comment box for more updates.
Note: the buy isn’t confirmed yet also the sell isn’t but it im waiting for low time frame confirmation and I’ll sell. To get follow up on the trade idea keep checking the comment box for more updates.
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