PULEMokhothu

USDJPY 105.904 + 0.34 % LONG IDEA * CONTINUATION PATTERNS

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PULEMokhothu 已更新   
FX:USDJPY   美元/日元
Good Day Everyone

Here's a look at the USDJPY pair from some multiple time-frames.

From the monthly the the pair is still trading in a descending triangle respecting the structure thus far just tested the support of the structure and saw a rejection we are currently pushing up even though the DOLLAR saw a bit of recovery in the last month the JPY is nonetheless holding structure.

On the weekly the sentiment is more or less the same we currently trading at 61.8 % Fibonacci level looking for a break of this structure and a push up on the pair unless the market says otherwise.

Lets see how it goes...

GOOD LUCK AND HAPPY TRADING EVERYONE

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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE

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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
* THE IDEA IS PREDICTIVE BASED ON TECHNICAL ANALYSIS MANY FACTORS GO INTO EXECUTING TRADES KINDLY TAKE CAUTION.

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