The third chart you uploaded shows the USD/JPY currency pair on the 1-hour timeframe, as displayed on TradingView.
Key observations:
1. Trend Reversal:
The chart shows an initial downtrend (red line) followed by a strong bullish reversal (green line).
The reversal started from a demand zone (gray box), where buyers stepped in and pushed the price up.
2. Bullish Momentum:
The price has moved significantly upwards, breaking through resistance levels.
The current price is around 145.902, and the chart shows a bullish continuation pattern aiming for a target of 146.500.
3. Moving Average Support:
The blue curved line appears to be a moving average (possibly a 50 or 100 period), providing dynamic support during the upward movement.
The chart indicates a strong bullish sentiment, with a clear target of 146.500. The momentum looks robust after the demand zone bounce.
Would you like guidance on managing risk or identifying entry points in this scenario?
Key observations:
1. Trend Reversal:
The chart shows an initial downtrend (red line) followed by a strong bullish reversal (green line).
The reversal started from a demand zone (gray box), where buyers stepped in and pushed the price up.
2. Bullish Momentum:
The price has moved significantly upwards, breaking through resistance levels.
The current price is around 145.902, and the chart shows a bullish continuation pattern aiming for a target of 146.500.
3. Moving Average Support:
The blue curved line appears to be a moving average (possibly a 50 or 100 period), providing dynamic support during the upward movement.
The chart indicates a strong bullish sentiment, with a clear target of 146.500. The momentum looks robust after the demand zone bounce.
Would you like guidance on managing risk or identifying entry points in this scenario?
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✅USDJPY
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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.
XAUUSD GOLD + BTCUSD Daily 5-6 Free Signals📊🚀
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/+QC9FeJZu3mthYTRk
✅GOLD
✅BTC
✅EURUSD
✅USDJPY
TELEGRAM CHANNEL 👇🏻👇🏻👇🏻👇🏻👇🏻👇🏻
t.me/+QC9FeJZu3mthYTRk
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.