דולר אמריקאי / יין יפנימעודכן USDJPY Trade Idea
Hi Traders, I took a few days off to fully enjoy the precious time with my family & friends celebrating Chinese New Year, It's been so long since I'm totally off the chart for several days. For those who concerned if I'm okay, I am fine :)
In today's trading session, I will be focusing on short-term selling opportunities. As there's a clear impulse rejecting the 105.70 resistance zone (First impulse). Currently UJ is having a pullback, in this case we've no clear support & resistance zone to guide our entry, I'll be using the fib level to anticipate the bearish continuation zone. Pay attention to both the 00.5 & 0.618 fib level as potential retracement zone with 103.700 support zone as the target. However, if price violates both the 0.5 & 0.618 level, that would invalidate the short setup.
Do not forget the overall trend on the higher timeframe remains bearish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
In today's trading session, I will be focusing on short-term selling opportunities. As there's a clear impulse rejecting the 105.70 resistance zone (First impulse). Currently UJ is having a pullback, in this case we've no clear support & resistance zone to guide our entry, I'll be using the fib level to anticipate the bearish continuation zone. Pay attention to both the 00.5 & 0.618 fib level as potential retracement zone with 103.700 support zone as the target. However, if price violates both the 0.5 & 0.618 level, that would invalidate the short setup.
Do not forget the overall trend on the higher timeframe remains bearish.
Trade safe.
Do follow my profile for daily fx forecast & educational content.
הערה
Previous analysis
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.