USDJPY
has been trying to break the previous support turned resistance at 113. As long as it consolidates in these levels then we can expect a continuation of its descent to at least 112.5-112.3 but if it manages to retake and hold above 113 then we can talk about possible long reversal.
Entry: 112.95
SL: 113.1
TP: 112.5-112.3
Any feedbacks are appreciated!
Entry: 112.95
SL: 113.1
TP: 112.5-112.3
Any feedbacks are appreciated!
Yorum:
Moved SL to 113.2 due to possible gap on Sunday Night
Yorum:
Just a follow-up upon checking the higher timeframes
s3.amazonaws.com/tra...shots/z/ZdtPvjVH.png
4H: Rejected by the 200ma at the 114.4-114.8 area
s3.amazonaws.com/tra...shots/m/msY3t2Fi.png
Daily: Rejected by the 50ma at the same area
Its possible that if we can get a continuation of this move then we might continue until the daily low at the 111.9-111.8 level
s3.amazonaws.com/tra...shots/z/ZdtPvjVH.png
4H: Rejected by the 200ma at the 114.4-114.8 area
s3.amazonaws.com/tra...shots/m/msY3t2Fi.png
Daily: Rejected by the 50ma at the same area
Its possible that if we can get a continuation of this move then we might continue until the daily low at the 111.9-111.8 level
Yorum:
Yorum:
So it seems it broke the 113 level. Im going to wait for a retest to either reverse the long or hold the shorts
Yorum:
Looks like short might be the best option depending on how this candle close within an hour from now
s3.amazonaws.com/tra...shots/6/66WlSn0x.png
s3.amazonaws.com/tra...shots/6/66WlSn0x.png
İşlem elle kapatılmış:
Reversed to long. 4H candle close favored the bulls