USDJPY | Perspective for the new week

Güncellendi
Despite its continued rampage in the currency markets, reaching quarter-century highs against the Yen, I am of the opinion that we might be witnessing a temporary retracement in the coming week in anticipation of a trend continuation in the nearest future. This video explains how I intend to take advantage of this opportunity.

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Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility.
You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment.
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Past performance is not necessarily indicative of future results.
İşlem aktif
As I mentioned in the video, I had an opening position over the weekend hence in 48 pips running in profit. Let's see if we are going to witness a retest of the neckline with the hope of a reversal pattern within this area to join a potential decline.

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Good morning
Not
and a breakdown/retest of the trendline should signal a bearish momentum

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İşlem aktif
We are still very patient as we anticipate two scenarios to occur before we are triggered for a trend continuation.

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İşlem kapandı: hedefe ulaştı
My first position hits TP as a bearish signal is confirmed in the form of a breakdown/retest of the bullish trendline

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Good morning
İşlem aktif
Close to take profit target... I am actually out at this point

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İşlem aktif
After taking 80pips in our recent trade; a breakdown/retest of 138 level could welcome another bearish momentum, stay tuned in!

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Good night
Not
The most important structure any where now is a reversal pattern to give us a signal
Not
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İşlem aktif
Price action continues to respect the supply zone at 138.350 area

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Good morning
Not
All selling set-up is negated at this point.

Stay tuned in for updates.

Good morning
İşlem aktif
With the appearance of a strong reversal pattern in the form of an inverse head and shoulder pattern on the lower time frame; our perspective will be shifting to identifying buying opportunities at the breakout/retest of the neckline at the 138.400 zone.

It appears the neckline has been broken hence I want to see a retest of the structure to join the potential rally.

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Not
Video on a follow-up details here:

breakdownChart PatternspriceactionreversalpatternTrend AnalysistrendcontinuationpatternsUSDJPYusdjpyanalysisusdjpysignals

Trade smart. Trade consciously
Aynı zamanda::

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