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Usdjpytrade

USDJPY and the first floor..As we looked previously to the current support as an exit are / Light long and hedges we can reflect on the WHY... The reason why you see bounces RE occur is because these are prices where the market has retained memory. The memory you can see in the market must be a reference for future zones to trade from as it is the ONLY fact you can see visibly on the screen, The rest of the picture is made up by other factors but this is one you must spend time to nail down. Look very lightly long.
by WillSebastian
⭕️BUY USDJPY at the best place and time 😉 ❗️🔰You can see the analysis of the US dollar in Japanese yen in a four-hour time frame(USDJPY _ 4H)💣🔍 ⚪Due to the overall price uptrend, the best area to buy overlapping❗ area is the black🖤 uptrend line and the broken downtrend line is orange🧡 and DEMAND zone❗❗ If the price reaches this overlapping area, it can have an upside to the SUPPLY zone🚀🔺 Do you think this analysis can be profitable❓❓ I hope the analysis was useful for you🤍🌹 📌Please introduce the channel to your friends 🙏🏻 __________📈TRADER STREET📉___________
Long
by TRADER_STREET
USDJPY has formed reversal on daily, possible drop!!USDJPY( Daily) was in a bullish move for the long term. The price action only daily has created a reversal pattern and on the close of the monthly candle, we could see deeper retracement and a potential drop in USDJPY. We see a double top, followed by a head and shoulder and, today's daily candle has just tested the neckline of this double as resistance and strongly rejected. At the same time, daily head & shoulder has lower highs on the right side. As the monthly & weekly close is nearing, there is highly likely that USDJPY will come for a deeper retracement to the downside!! If you like this analysis. Do not forget to like and comment to help the idea. Thank you!!
Short
by ForexWizard01