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USDJPY, DONOT MISS THE RALLY, ALERT SIGNALS!!Plan A (LONG): If it respects the formed channel and does not give a breakout, and formed bullish candlesticks pattern at HL near the bottom line of Channel then; Buy at Buying zone after formation of Bullish Candles near 112.300 which is at around 23.6% Fib level TP 1: 114.133 (Major Resistance) TP 2: 115.314 (Previous HH) SL: Whenever it breaks the formed channel Plan B (SHORT): if it gives a breakout of Rising Wedge then; Buy: 110.750 TP 1: 109.341 (Major support zone near 50% Fib) TP 2: 107.525 (Another support at around 61.8% of Fib level) SL: If it again enter into the rising wedge chart hit Close Bullish Indications: Series of Higher Highs & Higher Lows Trading in a bullish channel Bullish trendline After making a HL at the bottom line of channel, it will probably move upward to make HH Bearish Indications: Formation of Rising Wedge Chart pattern If it gives a breakout of Rising wedge pattern then it will probably go down to 109.341 which is at around 50% Fib followed by 107.525 which is at around 61.8% Fib for TP 2 of Plan B IF YOU LIKED THE IDEA, SHOW YOUR SUPPORT ;) AND IF YOU DONT THEN LETS DISCUSS ;) WE NEED YOUR SUPPORT TO KEEP THIS GOING ;)
by FreeTradeAnalysis
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