USDJPY
Well, we are now at a new year, and my expectations are there will be some retracements to be made on the pair.
Considering that the previous analysis was bullish, I am still anticipating on the same, but we have to fill in some imbalances and inefficiencies on the lower side. I do anticipate that the price might first retract on the lower side to form an LL / wick, which might touch 2023 yearly HH at 152.
Target 152, SL at 157.8
Considering that the previous analysis was bullish, I am still anticipating on the same, but we have to fill in some imbalances and inefficiencies on the lower side. I do anticipate that the price might first retract on the lower side to form an LL / wick, which might touch 2023 yearly HH at 152.
Target 152, SL at 157.8
Trade closed manually
Close trade.
Let us look for a buying opportunity.
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Related publications
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.