Hi All,
Firstly, I want to congrats to traders who short the market for the last few months. Well done!!!
Those who is waiting for LONG opportunity, let's get ready for sniper entry.
Here is my prediction and entry on USD/JPY. As you can see, the orange zone around $139-$140 is extremely strong zone. Prices reverse 3 times on this level. On 22 March 2025, the closed daily candle was formed a hammer candle and followed by a strong bullish candle next day which indicates potential reversal to upward.
The RSI indicator lines were crossed on 22 March 2025. Now, the indicator is showing upward momentum as the both lines are about cross 50%.
We also have bullish divergence on the volume indicator. As you can see, the volume was going to sideway where as the price was heading to the orange zone.
These confluence is supporting me to enter LONG. Therefore, I entered 3 entry at different price point which is $143.50, $142.996, $144.70.
Firstly, I want to congrats to traders who short the market for the last few months. Well done!!!
Those who is waiting for LONG opportunity, let's get ready for sniper entry.
Here is my prediction and entry on USD/JPY. As you can see, the orange zone around $139-$140 is extremely strong zone. Prices reverse 3 times on this level. On 22 March 2025, the closed daily candle was formed a hammer candle and followed by a strong bullish candle next day which indicates potential reversal to upward.
The RSI indicator lines were crossed on 22 March 2025. Now, the indicator is showing upward momentum as the both lines are about cross 50%.
We also have bullish divergence on the volume indicator. As you can see, the volume was going to sideway where as the price was heading to the orange zone.
These confluence is supporting me to enter LONG. Therefore, I entered 3 entry at different price point which is $143.50, $142.996, $144.70.
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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.