eazywayout
做多

USDJPY 4H

FX:USDJPY   美元/日元
Price broke its triangle pattern to the upside, now testing channel resistance. Price broke above its supply zone 109.400, lets see if price can break to the upside from here!
评论: bounce off daily support
评论: price below channel, could go bearish from here. Will be waiting for after NFP
评论: looking to add an entry on the pullback next week !
评论: If this pair closes above the zone its at currently, I will be looking to go long when the market opens
Hey,

Check out my analysis - I went long at 108.9.



Let me know what you think.

Cheers
+1 回复
@tgc01, nice one, I have a very similar view, I believe it'll reach the top of the triangle & potentially break out or correct from there. Good analysis !
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Hmm... I just closed my long. The daily candle does not look so promising.
+1 回复
I believe there is one more big leg down for the dollar before rallying for a couple. Mid Feb is going to be a time to make some great trades.
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eazywayout thesilverbullet
@thesilverbullet, yeah it could pullback to the downside, really just waiting for price action to give more confirmation. NFP will give me a better idea what to expect for the dollar overall I have a bullish bias for the US dollar in February/ march..
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eazywayout thesilverbullet
@thesilverbullet, 108.450 has been a good reversal zone in the past so lets see what happens! : )
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@eazywayout, as long as dollar index falls, which is what I was eluding too really, I don't care care :D . Tomorrow is a huge NFP!
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eazywayout thesilverbullet
@thesilverbullet, yeah agreed not really jumping into dollar pairs until next week, but if you check out dxy its sitting on monthly support 88.60
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