chance for both side position based on this strategy
USDJPY is moving in the range zone .resuming sideways move, my strategy is simple
above the baseline increase the chance of bull trend, the confirmation is closing above
the range zone or trend line.
below the baseline on the other hand increases the chance of keep declining, the confirmation
would be closing below the range zone.
targets in both side are on the chart.
right now I am more bullish on this pair. baseline is my judgement level
Enjoy the market
above the baseline increase the chance of bull trend, the confirmation is closing above
the range zone or trend line.
below the baseline on the other hand increases the chance of keep declining, the confirmation
would be closing below the range zone.
targets in both side are on the chart.
right now I am more bullish on this pair. baseline is my judgement level
Enjoy the market
Trade active
for keep moving uptrend it is important local ascending trend line hold the price upside.Trade closed: target reached
bounced back up nicely after hitting the baseline again. next target resistant level still in play.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.