USDJPY 105.904 + 0.34 % LONG IDEA * CONTINUATION PATTERNS
Good Day Everyone
Here's a look at the USDJPY pair from some multiple time-frames.
From the monthly the the pair is still trading in a descending triangle respecting the structure thus far just tested the support of the structure and saw a rejection we are currently pushing up even though the DOLLAR saw a bit of recovery in the last month the JPY is nonetheless holding structure.
On the weekly the sentiment is more or less the same we currently trading at 61.8 % Fibonacci level looking for a break of this structure and a push up on the pair unless the market says otherwise.
Lets see how it goes...
GOOD LUCK AND HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
* THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
Here's a look at the USDJPY pair from some multiple time-frames.
From the monthly the the pair is still trading in a descending triangle respecting the structure thus far just tested the support of the structure and saw a rejection we are currently pushing up even though the DOLLAR saw a bit of recovery in the last month the JPY is nonetheless holding structure.
On the weekly the sentiment is more or less the same we currently trading at 61.8 % Fibonacci level looking for a break of this structure and a push up on the pair unless the market says otherwise.
Lets see how it goes...
GOOD LUCK AND HAPPY TRADING EVERYONE
_________________________________________________________________________________________________________________________
ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
* THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.
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