U.S. Dollar / Japanese YenUpdated USDJPY and the first floor..
As we looked previously to the current support as an exit are / Light long and hedges we can reflect on the WHY...
The reason why you see bounces RE occur is because these are prices where the market has retained memory.
The memory you can see in the market must be a reference for future zones to trade from as it is the ONLY fact you can see visibly on the screen,
The rest of the picture is made up by other factors but this is one you must spend time to nail down.
Look very lightly long.
The reason why you see bounces RE occur is because these are prices where the market has retained memory.
The memory you can see in the market must be a reference for future zones to trade from as it is the ONLY fact you can see visibly on the screen,
The rest of the picture is made up by other factors but this is one you must spend time to nail down.
Look very lightly long.
Note
out for gains
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Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.