EA GOLD point update
This chart is for USD/JPY on the 1-hour time frame,and it presents a bullish trade setup.Let's break down the idea
Key Observations ;
1.Current Price;
USD/JPY is trading Around 146.281.
2.Overall Bias
Bullish setup expecting a bounce from demand into a higher target zone.
3.EMA 200;
price is currently below the 200 EMA (147.942).which usually suggests a bearish trend _but this setup is aiming for a short-term Bullish retracement.
This chart is for USD/JPY on the 1-hour time frame,and it presents a bullish trade setup.Let's break down the idea
Key Observations ;
1.Current Price;
USD/JPY is trading Around 146.281.
2.Overall Bias
Bullish setup expecting a bounce from demand into a higher target zone.
3.EMA 200;
price is currently below the 200 EMA (147.942).which usually suggests a bearish trend _but this setup is aiming for a short-term Bullish retracement.
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.
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.