usdjpy
fast analysis
fast analysis
Note
pair was looking indecisive and choppy before analysis , as you can see , price broked down without success reaching 103.00 level , shot up through 104 level , currently trading above 105 zone as previous candle formation MORNING STAR and making new higher lows , found support at 105106 is potential target for that pair as its about 45 pips away from current price OR higher . It can be longer term movement . Wait . Not good for trading , my opinion !!!
STOP LOSS IS TIGHT AS TRADE PROCEEDs
Note
not looking good !!!Note
104
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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.