Analyses FIRST week 2 FEV - USDJPY
Little analysis of the different scenarios that could happen for the pair.
The beginning of the previous week was rather boring, with a consolidation that ended up being broken at the end of the week with the objective of resistance 108,400.
I am rather bearish on this pair, we will wait for confirmation with a retest of the resistance to be able to venture on shorts:
Entry at: 108.44 after the retest
SL: 108.84 (40 pips RISK)
TP: 106.50 (194 pips)
Signals will be posted on my account as and when the advent, do not forget to subscribe!
The beginning of the previous week was rather boring, with a consolidation that ended up being broken at the end of the week with the objective of resistance 108,400.
I am rather bearish on this pair, we will wait for confirmation with a retest of the resistance to be able to venture on shorts:
Entry at: 108.44 after the retest
SL: 108.84 (40 pips RISK)
TP: 106.50 (194 pips)
Signals will be posted on my account as and when the advent, do not forget to subscribe!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.