USDJPY - Long - Support and Resistance in play
TRADING VIEW
📍 10+ years experience in markets
📍Professional Stock market and Forex trader
📍 Supply/Demand Zones
📍 Frequent updates
📍Covering FX / Gold Spot / NSE-BSE / DFM / ADX / US Stocks
📍Real time updates
⏳ 1 day Chart analysis
USDJPY- TREND ANALYSIS - Long first then Shot
Best to go Long -
Target - 100 to 200 pips
Tagged Long - because it may jump to the fresh supply zone area
KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis
Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account
Tagged LONG as I expect Gain first
📒 Head and Shoulder, Resistance line rejection, Retracement to support area
± 103.75 fresh demand zone
± 104.70 fresh supply zone
📒 Analysis / Trade Setup / Long and then short
± USDJPY 1 day chart
± Short-term Bullish # Long term-Bearish
± Fresh Demand Zone level - 103.75
± 103.20 is a string Support
± Support and Resistance Zone
± A touch down to support zone seems to be completed
± Go long for more pips
± once we hit support area of 103.20 - the pair jumped and retrace again to test the same level
± Long - Resistance @ 107.07
± Support @ 103.20
± TP - 104.20 , 104.65, 105.10 - 105.28 -105.82 -106.0 - 106.27 - 106.45
± recommend to go LONG
± HAPPY TRADING
📍 10+ years experience in markets
📍Professional Stock market and Forex trader
📍 Supply/Demand Zones
📍 Frequent updates
📍Covering FX / Gold Spot / NSE-BSE / DFM / ADX / US Stocks
📍Real time updates
⏳ 1 day Chart analysis
USDJPY- TREND ANALYSIS - Long first then Shot
Best to go Long -
Target - 100 to 200 pips
Tagged Long - because it may jump to the fresh supply zone area
KEY NOTE - SPECULATIVE SETUP - not a financial advise - do your own analysis
Please use STOP LOSS and don’t risk more then 1% or maximum 2% of your total account
Tagged LONG as I expect Gain first
📒 Head and Shoulder, Resistance line rejection, Retracement to support area
± 103.75 fresh demand zone
± 104.70 fresh supply zone
📒 Analysis / Trade Setup / Long and then short
± USDJPY 1 day chart
± Short-term Bullish # Long term-Bearish
± Fresh Demand Zone level - 103.75
± 103.20 is a string Support
± Support and Resistance Zone
± A touch down to support zone seems to be completed
± Go long for more pips
± once we hit support area of 103.20 - the pair jumped and retrace again to test the same level
± Long - Resistance @ 107.07
± Support @ 103.20
± TP - 104.20 , 104.65, 105.10 - 105.28 -105.82 -106.0 - 106.27 - 106.45
± recommend to go LONG
± HAPPY TRADING
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