USD/JPY (1H)USDJPY: Strongly broke out the support level, which now becomes a resistance zone:
When the price returns to the red zone, sellers could push the price down again.
Yean
USDCAD 4HUSDCAD tested to support area and cant break i think its time to get in buy
Use small lot size ..
Use sl and tp to safe in market
USDJPY 07NOV17This is some detail on my thoughts about USDJPY.
I think they are preparing to use 113.656 as support to go to 114.398. This will form first wave impulse down.
Target is at 109.812
Please check my previous study on this instrument. Link bellow
Please be aware that:
- These points could overpass a little as long as the impulse will be there, usually on a 4H or Daily UTC server.
- Please note that I am only predicting where things happens, not when, because that really depends on others factors such as the agreement of all major sessions - London, NY and Singapore - and also on Events, the fast/slow motion tool.
- Also those points/targets are not random or just imagination, they are in fact result of my calculations based on wave counting, measurement and convergence on very high timeframes starting from weekly charts up to yearly.
