The video is a pre-open analysis for the week ahead (Week 1, W1) that highlights key structures on an MTF basis.
USD/JPY is stuck in a range following 4 levels of rising and could be on the way to 1998 highs.
I am neutral on this for now and I see both bullish and bearish scenarios but I lean with a bias to the downside.
We will need to wait and see what the market wants to show us in the open between Monday and potentially Tuesday's price action.
USD/JPY is stuck in a range following 4 levels of rising and could be on the way to 1998 highs.
I am neutral on this for now and I see both bullish and bearish scenarios but I lean with a bias to the downside.
We will need to wait and see what the market wants to show us in the open between Monday and potentially Tuesday's price action.
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** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
Follow me at FXStreet: fxstreet.com/author/ross-j-burland
Come on over to my YouTube channel and Level Up your trading! 💸💸💸💸💸 @RJBforex, Like and Subscribe!
Follow me at FXStreet: fxstreet.com/author/ross-j-burland
Come on over to my YouTube channel and Level Up your trading! 💸💸💸💸💸 @RJBforex, Like and Subscribe!
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.