Hi guys! I'm back with another analysis for my journal. I currently am short on this pair given the fact that it made a double top break while on positive momentum. I actually initiated the trade earlier and already closed in profit but I am expecting price to fall until 1735 region. With this Idea, I placed another trade right now with the stop loss being placed...
Hi to everyone reading this. This is an idea of mine that I would take in the long side. As seen in the image, the price is consolidating in the short term but the indicators, region of interest, and price movement are showing much movement to the upside up until the 17400 region. Although, I am expecting a range movement since it just recently broke the downward...
USDJPY has been moving in a sideways manner in the mid term. With what it is showing, it seems the buyers are having a hard time breaking 110.2 price area. Thus, a minor pullback could be expected to the 109.7 - 109.5 price area before making a strong movement upwards. Price also made a short term double top reversal pattern along with a short term pullback,...
