USDJPY corrected heavily this past couple of weeks after reaching parabolic highs.
The pullback retested and respected its long term strong support line with utmost precision.
After that expected precised drop touch on its support base, weighty bounce followed thereafter.
Now, based on daily data metrics, UJ is preppin to continue that strong recovery for a possible 800 pip growth prospect to 154.0 levels.
The current bargain area is a good seeding zone.
A shift in behavior has been spotted and a break in structure is forthcoming soon.
A strong momentum is in order from here on.
This is poise to become a pocket filler opportunity.
Spotted at 146.0
TAYOR.
The pullback retested and respected its long term strong support line with utmost precision.
After that expected precised drop touch on its support base, weighty bounce followed thereafter.
Now, based on daily data metrics, UJ is preppin to continue that strong recovery for a possible 800 pip growth prospect to 154.0 levels.
The current bargain area is a good seeding zone.
A shift in behavior has been spotted and a break in structure is forthcoming soon.
A strong momentum is in order from here on.
This is poise to become a pocket filler opportunity.
Spotted at 146.0
TAYOR.
Note
this is the zone -- where it hyperflates.the current range.
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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.