The USDJPY has been on a stable Bull Trend on the Weekly Charts.
Of interest is the 2 recent candlesticks - Spinning Top and a Long Legged Doji . Both are suggestive of the market wishing to pause the uptrend.
The pair appears to be overbought, and I recognise the buyers are well in control.
What I am looking for is a correction to take price back to the near term equilibrium placing buyers and seller in equal control .
This is represented by the Tenkan Sen at 1.3175 , and a Fbionacci .50 level retracement.
Of interest is the 2 recent candlesticks - Spinning Top and a Long Legged Doji . Both are suggestive of the market wishing to pause the uptrend.
The pair appears to be overbought, and I recognise the buyers are well in control.
What I am looking for is a correction to take price back to the near term equilibrium placing buyers and seller in equal control .
This is represented by the Tenkan Sen at 1.3175 , and a Fbionacci .50 level retracement.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.