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U.S. Dollar / Japanese Yen
Long
Updated

USDJPY ( INSIDE ASCENDING CHANNEL ) (4H)

141
USDJPY

HELLO TRADERS

  • Tendency, the price is under upward pressure , until the price trading above support level (1) at 144.354 .

  • Upward Zone : until the price trading above support level (1) , may make be ascending channel , currently the price trading above turning level at 145.808 , to rising reach of a resistance level (1) around 149.186 , to confirm upward , price need breaking by close 4h candle above 149.186 to reach resistance level (2) at 152.225 , may be the price reserve and breaking turning level to reaching a support level (1) at 144.354 , after starting a up trading to inside resistance zone .

  • Downward Zone: should the price reserve and breaking turning level at 145.808 , indicates dropping to support level (1) around 144.354 , to confirm downward , the price it will be breaking 144.354 , by closing 4h candle below it to reach support level (2) at 142.275 , called support zone have been buying increase in this zone .

  • Corrective level :Price may make a correction at 145.808 & 144.354 , before rising .


TARGET LEVEL :
  • RESISTANCE LEVEL : 149.186 , 152.225 .
  • SUPPORT LEVEL : 144.354 , 142.275 .
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RESISTANCE LEVEL : 149.186 , 152.225
ArinaKarayi
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].

The market is waiting—you can make money, and you should.
Also on:
channeltrendChart PatternsforexanalysisforexsignalsHarmonic Patternssupply_and_demandsupportandresistancezonestradingideastradingsignalsTrend AnalysistrendtradingUSDJPY

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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.
channeltrendChart PatternsforexanalysisforexsignalsHarmonic Patternssupply_and_demandsupportandresistancezonestradingideastradingsignalsTrend AnalysistrendtradingUSDJPY
ArinaKarayi
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].

The market is waiting—you can make money, and you should.
Also on:

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.