Hello Traders and everyone, I am Hadi Karaali, Known as SNIPERS_FX
If you like the idea, do not forget to support with a like and follow.
LET'S GO OVER USD/JPY!
As we can see price is still overall bullish trading inside this rising channel from a long term perspective,
However, price is sitting around our upper bound of this channel acting as an over-bought zone, lining up with a massive resistance zone, then we will be looking for new bearish correction movement.
Meanwhile, from a shorter term, price is still also bullish, however, for the bears to kick in we need a break below the marked swing low, then a movement lower would be expected.
And as usual 1-2 risk to reward ratio from a risk management perspective.
If you like this kind of analysis don't forget to like and follow
and as usual follow your trading plan and manage your risk.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.