DexjedXOTWOD

DexjedXOTWOD

Over the last week we have seen USD\JPY recover from the sharp move to the downside last Thursday. After almost recovering price entered a range and has remained inside this range the whole week, only breaking through to the downside twice before quickly entering back into the range. Next week we could see an instant move to the downside from the top of the...

DexjedXOTWOD

Updated idea from yesterday for the upcoming week. Last week we saw a strong uptrend and an ascending triangle forming. We also see price closing around the 20 MA/Middle of Bollinger Band , this could indicate a bullish reversal. If price drops down to the order block and does not break then you can look for long trades for a 1:2 RR for around 100:200 Pips If...

DexjedXOTWOD

In this chart we see a solid movement downwards from a channel and then a failed attempt from the market to enter a range and instead entering into a double triangle pattern. Use 30 minute time frame for better entry and always wait for retests.

DexjedXOTWOD

Last week we saw a strong uptrend and an ascending triangle forming. We also see price closing around the 20 MA/Middle of Bollinger Band, this could indicate a reversal. Use 30 minute time frame for better entry and always wait for retests.

DexjedXOTWOD

USD/JPY Neutral H1 trend Analysis for the next week, we could be seeing a Range forming from the middle of the large movement we saw late last week. Use 30 minute time frame for better entry and always wait for retests.