USDJPY BEARS TO TAKE OVER!
Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
LET'S GO OVER USD/JPY!
As we can see price is still overall bullish trading inside this channel making clean higher highs and higher lows.
Meanwhile, price approached a massive supply zone, where we will be looking for new bearish correction movements, unless price managed to break above to be testing our upper resistance zone.
For now, and for the bears to take over from a shorter-term perspective, we need a break below the marked major swing low, then a movement lower would be expected,
And as usual 1-2 risk to reward ratio from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
If you like the idea, do not forget to support with a like and follow.
LET'S GO OVER USD/JPY!
As we can see price is still overall bullish trading inside this channel making clean higher highs and higher lows.
Meanwhile, price approached a massive supply zone, where we will be looking for new bearish correction movements, unless price managed to break above to be testing our upper resistance zone.
For now, and for the bears to take over from a shorter-term perspective, we need a break below the marked major swing low, then a movement lower would be expected,
And as usual 1-2 risk to reward ratio from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
Be patient and good luck!
Telegram channel:
t.me/Snipers_F_x
t.me/Snipers_F_x
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