USDJPY (17-December-2018 until 21-December-2018)
Monthly:
Bull or uptrend still valid.
Weekly:
Looks like the price is consolidating.
Daily:
The price is consolidating within the triangle.
4-Hours:
The price is consolidating also. Means the seller and buyer are fighting to get the upper hand.
1-Hour:
Short term down trend.
15-minute:
Short term down trend to complete the triangle consolidation.
Overall still uptrend.
Setting tight stop loss will hit the stop loss all the time and cut off your capital.
Prepare to buy when the price hit the bottom of the triangle, about ~112.59
Bull or uptrend still valid.
Weekly:
Looks like the price is consolidating.
Daily:
The price is consolidating within the triangle.
4-Hours:
The price is consolidating also. Means the seller and buyer are fighting to get the upper hand.
1-Hour:
Short term down trend.
15-minute:
Short term down trend to complete the triangle consolidation.
Overall still uptrend.
Setting tight stop loss will hit the stop loss all the time and cut off your capital.
Prepare to buy when the price hit the bottom of the triangle, about ~112.59
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