Longs on USDJPY
Where is USDJPY going next?
Is there going to be a 20 pips downside push or a 30 pips raise in price?
We don't really care about that! We could be observing price action on a certain instrument for quite some time without getting involved, but as soon as we see a decent opportunity then that's our moment.
Right now USDJPY shouldn't be traded, but we could get a potential signal very soon.
What we're analyzing now is the direction in which we should be looking for trades
If price breaks above the current resistance, that means we will expect the 111,59 level next
And if it makes a pullback and leaves a reversal candle that would also be a potential entry signal with the same targets - 111,59
Is there going to be a 20 pips downside push or a 30 pips raise in price?
We don't really care about that! We could be observing price action on a certain instrument for quite some time without getting involved, but as soon as we see a decent opportunity then that's our moment.
Right now USDJPY shouldn't be traded, but we could get a potential signal very soon.
What we're analyzing now is the direction in which we should be looking for trades
If price breaks above the current resistance, that means we will expect the 111,59 level next
And if it makes a pullback and leaves a reversal candle that would also be a potential entry signal with the same targets - 111,59
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💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
❓ If you got questions: t.me/Semkov
💰 PAID SIGNALS AND ANALYSIS: t.me/Semkov
💡 If you want to know on what basis we make our entries, get in here: t.me/trendlinefreetrade
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