Hello guys
In stih case usdjpy is at overall bullish trending on daily timeframe. Price in overall analysis cycle is moving at bullish territory, and is stuck between strong bearish momentum (last sellers push) and calm bullish momentum. Because sellers from last attempt didn't decide or push second time, we believe this might be just a break for them, because buyers have now open area, so we can see at spotted targets crytical behaviour.
At first bullish upcoming movement, we believe there's fourth touch from channelling. At 4th touch at previours Higher high level, we have to be aware that price might get declined if there's won't be any bullish momentum. If buyers are able to hold position, our overall target is at 116.728.
You can trade this trade with three options.
In stih case usdjpy is at overall bullish trending on daily timeframe. Price in overall analysis cycle is moving at bullish territory, and is stuck between strong bearish momentum (last sellers push) and calm bullish momentum. Because sellers from last attempt didn't decide or push second time, we believe this might be just a break for them, because buyers have now open area, so we can see at spotted targets crytical behaviour.
At first bullish upcoming movement, we believe there's fourth touch from channelling. At 4th touch at previours Higher high level, we have to be aware that price might get declined if there's won't be any bullish momentum. If buyers are able to hold position, our overall target is at 116.728.
You can trade this trade with three options.