USDJPY, bullish trend in Week 13, how about Week 14?
USDJPY moved accordingly to our analysis of Week 13, it made a bullish move as expected. Even though the move was not large, but any traders making a long position would be able to make good gains out of their trades. Congratulations to all traders longing USDJPY!
For the week of 13, we can see that it completed a three level of Bullish trend. Even though the last level is very small and close, but it does fulfill the principles of the analysis, thus it was being identified as a bullish zone.
On Friday, it ended the week with a possible reversal pattern at level 3 of the bullish, thus we gain comfort in looking at the pair to regain the bearish move in Week 14.
I would be monitoring the pair and would be shorting them for Week 14, align with the outlook of the analysis.
I hope all traders continue to make a good profit in the coming Week 14. If my analysis helped you in any way, please like and follow me in Tradingview, thank you!!
For the week of 13, we can see that it completed a three level of Bullish trend. Even though the last level is very small and close, but it does fulfill the principles of the analysis, thus it was being identified as a bullish zone.
On Friday, it ended the week with a possible reversal pattern at level 3 of the bullish, thus we gain comfort in looking at the pair to regain the bearish move in Week 14.
I would be monitoring the pair and would be shorting them for Week 14, align with the outlook of the analysis.
I hope all traders continue to make a good profit in the coming Week 14. If my analysis helped you in any way, please like and follow me in Tradingview, thank you!!
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