FreeTradeAnalysis

USDJPY, DONOT MISS THE RALLY, ALERT SIGNALS!!

OANDA:USDJPY   USA-dollar/Japansk yen
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 ;)
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