darcsherry

USDJPY | Perspective for the new week | follow-up details

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darcsherry 已更新   
FX:USDJPY   美元/日元
Japan’s core consumer price index (CPI) rose to a seven-year high, amidst rising fuel prices and a widening trade deficit to give the Greenback the leverage to thrive. In this video, I shared my technical opinion on my expectation this week as I look forward to retesting of the neckline @ 135.000 zone to join a potential rally.

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评论:
I am still anticipating a buying opportunity here which is likely going to happen around the key zone at 135.000 which is the neckline of the reversal pattern identified on the daily time frame. However, a counter-trend opportunity (selling) is possible since the expectation of price coming back into the key zone appears to be in alignment with the current structure (breakout/retest of neckline).


Good morning
交易开始:
The retracement into the neckline zone at 135.000 appears to have began

交易开始:
Price tends towards the neckline at 135 zone as projected



Good morning
交易开始:
Price is back at the entry zone and I was able to identify a bearish trendline here - on the 1H timeframe. So, I expect to see rejection(s) of this line to add more positions. It is also worthy to put into consideration the Jackson Hole Symposium coming up in half an hour as we need to see how price reacts to this symposium.

交易开始:
Price is back within the zone it started this week as bearish momentum appears to be stalling. Am I going to be stopped out? Time will tell


Good morning
交易结束:到达止损:

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