USDJPY
HELLO TRADERS
in the last chart the price reach first target , know trying to reach a turning level before dropping
TARGET LEVEL :
HELLO TRADERS
in the last chart the price reach first target , know trying to reach a turning level before dropping
- Tendency the price is under bearish pressure , after stabilizing below turning level at 161.126
- TURNING LEVEL : a blue line between resistance and support level around 161.126 , indicates if the price stabilizing below this level reach support level , if the breaking turning level reach a resistance level
- RESISTANCE LEVEL : there is a green line around 161.840 , if the price breaking turning level reach this target , indicates selling have already increase this level
- SUPPORT LEVEL : there is a red line below turning level around 159.814, indicates buying have already increase this level , so until the price trade below turning level reach this target
- PRICE MOVEMENT : maybe first the price will trying to rising turning level around 161.126, after dropping to the support level at 159,814 , then stable below this level reach 158.755 ,
- if the price breaking turning level reach a resistance level at 162.126 , breaking this level reach a new resistance level at 162.727
TARGET LEVEL :
- RESISTANCE LEVEL : 161.840 , 162.727
- SUPPORT LEVEL : 159.814,158.755
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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.
The market is waiting—you can make money, and you should.
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.