Pair: USDJPY
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle pattern, breakouts
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Key Takeaway: We have seen price consolidating in a ascending triangle manor for the past week and we might finally see a breakout this week. We have been using resistance and high volume profile together and the level is seeming difficult to break, due to upsides of USD we are looking to break these levels and entering long
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Level needed: need a close by 144.965
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Trade: LONG
RISK:REWARD 1:3
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DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION
Timeframe: 4H
Analysis: Round number level, trend line, volume profile, support and resistance, ascending triangle pattern, breakouts
—————
Key Takeaway: We have seen price consolidating in a ascending triangle manor for the past week and we might finally see a breakout this week. We have been using resistance and high volume profile together and the level is seeming difficult to break, due to upsides of USD we are looking to break these levels and entering long
—————
Level needed: need a close by 144.965
—————
Trade: LONG
RISK:REWARD 1:3
—————
DO NOT ENTER OUR SETUPS WITHOUT CONFIRMATION