USDJPY - LONG TREM
Overall, the general direction is a downtrend.
Uptrend Scenario: The bullish momentum remains strong as long as the price trades above 143.53, with potential to rise toward 147.07 and beyond to 150.07.
Correction: A correction towards 143.53 is expected before the price resumes its upward movement.
Downtrend Scenario: For the bearish trend to take hold, the price needs to close a 1D or 4H candle below 143.53, and more importantly, break through the zone between 140.67, targeting 137.61.
Uptrend Scenario: The bullish momentum remains strong as long as the price trades above 143.53, with potential to rise toward 147.07 and beyond to 150.07.
Correction: A correction towards 143.53 is expected before the price resumes its upward movement.
Downtrend Scenario: For the bearish trend to take hold, the price needs to close a 1D or 4H candle below 143.53, and more importantly, break through the zone between 140.67, targeting 137.61.
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With Clear entry point and target line with stopout zone
~900 pips per week —— Accuracy more than 88%
with best learning
Be Stronger With us
THANKS for your support
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