entering with a retest or candell close
BEST ENTRY WITH A RETEST WAIT FOR A CANDELL TO CLLOSE
just a possibility that am putting my eyes on it
how i see it do u agree ? if it reaches my entry lvl please wait for confirmtion
the price should break the bullish trend line , best entry is with in the retest of the resistance area
good long trade if the price does not break the bullish trendline note : place your stop loss depending to your acount capital
we can see we have a nice down trend on higher time frame right now the price will reach the previous high volume area which means the sellers will try to protect thier positions or the buyer will take control we should wait . enter after a confirmation
short entry based on high volume sellers will try to protect their positions
please dont take the trade blindly always wait for a confirmation
USDJPY LONG based on the strong support lvl and poc lvl (reversal)
if it retest this level it should go down cause we have a high volume on that price that turned into a good resistance lvl + the price broke the bullish trend line with a bearish general trend on higher time frame it should go down
we see that we had rejection on 27.214 the price is testing a good poc lvl if it break it , its target should be the next lvl , enter after confirmation
since we have a strong support that means that the trend line should be broken and the price goes up based on volume profile and pice action
GOOD SHORT ENTRY , check my instagram for more