


christrades
USDJPY went through many days of buying and eventually hit this weekly resistance and gave off a nice bullish rejection candle. Hopefully this is a sign of a major reversal
Weekly resistance and reversal candle forming. In a supply and demand zone aswell
A break of the major daily trendline, i close and retest below previous lower low. A daily rejection candle of higher prices indicates bearish reversal. Bears are in control.
CONFLUENCE AREA, DAILY RESISTANCE AND POSSIBLE 38.2 REJECTION. WILL ENTER IF GIVEN PROPER CANDLESTICK FORMATION
DAILY RESISTANCE IF GIVEN CORRECT CONFIRMATIONS WILL TAKE A SHORT POSITION
PIN BAR ACROSS DAILY RESISTANCE TP IS LIKELY TO BE AT BLUE ZONE
DAILY RESISTANCE, WILL ENTER ONCE I GET GOOD CONFIRMATION ON 4HR
IF PRICE BREAKS OUT OF TRENDLINE,WE WILLTAKE TRADE AT THE RETEST. COULD GO EITHER WAY