USDJPY Consolidation Stage
USDJPY Consolidation Stage
USDJPY H4 time frame
price break out from recent trend line
price entering consolidation stage (the grey zone that i highlighted)
we can clearly see the price bounce between 107.947 and 107.368
wait for price break above 107.947 or price break below 107.368 as confirmation
enter after price pull back
Disclaimer
The content on this trade analysis is subject to change at any time without notice.
Any information provided here is only the personal opinion of the author.
This information is intended for educational purposes.
USDJPY H4 time frame
price break out from recent trend line
price entering consolidation stage (the grey zone that i highlighted)
we can clearly see the price bounce between 107.947 and 107.368
wait for price break above 107.947 or price break below 107.368 as confirmation
enter after price pull back
Disclaimer
The content on this trade analysis is subject to change at any time without notice.
Any information provided here is only the personal opinion of the author.
This information is intended for educational purposes.
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.