USDJPY-Weekly Market Analysis-May20,Wk4
During Wednesday Midweek Market Analysis, we did talk about this didn't we?
The double top was there at 107.54, I've shared that it has to touch 107.33 and wait for a rebound before I will be interested to short at 61.8%-78.6% rebound. See what happen to the market. Isn't that beautiful?
Stay close in our community for every session so you won't miss out any of the trade ideas. Most important is to observe how the trade ideas were generated.
Right now I'm waiting for it to retest the previous high for a shorting opportunity. The overall trend is still on a bullish setup.
The double top was there at 107.54, I've shared that it has to touch 107.33 and wait for a rebound before I will be interested to short at 61.8%-78.6% rebound. See what happen to the market. Isn't that beautiful?
Stay close in our community for every session so you won't miss out any of the trade ideas. Most important is to observe how the trade ideas were generated.
Right now I'm waiting for it to retest the previous high for a shorting opportunity. The overall trend is still on a bullish setup.
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Live session & Trading Tips on the GO
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Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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