HANSFXTRADER

USDJPY, MULTIPLE TIME FRAME ANALYSIS!

OANDA:USDJPY   U.S. Dollar / Japanese Yen
Monthly: -Price is rejecting a monthly demand zone.

Weekly: -Price has been moving to the downside with very corrective structure.
-Double bottom.
-It also broke a resistance that now is acting as support

Daily: -Price broke the last LH of the daily structure.
-Daily S/D is being respected as support.

4H: -Price failed to make LLs and it create a HH.
-Structural trendline.
-Bullish M pattern forming.
Order cancelled
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