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Usdjpylongsetup

USDJPY Analysis Long-term viewThe low of 03/01/2019 started the Up-trend with a completed 3 Structural failures to the upside on 24/04/2019 making a higher high of 112.390. What we have observed is price discounting itself. An opportunity to buy at a cheaper price level. So, we have see a completed H&S inverted last week friday and we are looking for buyers to step into the usdjpy from 107.79. Every sell in this pair above 107.79 is an opportunity for us to buy the usdjpy. I will be updating this trade as it develops.
Long
by Charts247TradingAcademy
FREE ANALYSIS ON USDJPY - UPDATEDFREE ANALYSIS ON USDJPY Welcome to SiriusTrading (managed by Segunby), Check out my Free analysis on Forex and Crypto. Follow me for regular Analysis and don't forget to LIKE, LIKE, LIIIKKKEEE :) - 15 Min Price testing the 150 EMA line which is also by the black trend line 1 HOUR Price just hit the 200 MA and was rejected. Also hidden divergence on MACD found. Expecting some down 2 HOUR Price broke out of all 3 MA's, retraced to test MA 200 OVERALL I can see 2 options. One is that we see a small reversal down then price will bounce up to make a new high. Secondly, price could break further down to TP1 and TP2 - Thanks for reading See previous analysis Please share your thoughts and views on my analysis and don't forget to like it and share with others.
by SiriusTrading
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