The market overall is in an uptrend. However, on the 4H timeframe, the market is moving sideways. 
USDJPY formed a triangle pattern, which it broke through later. The price reached the support level (bottom of the range zone), where an impulse move formed. On the daily timeframe, the market is moving towards the strong resistance zone. I expect an upward short-term move and a retest of the resistance zone and upward trendline. My target is the resistance zone and trendline at 150.000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
USDJPY formed a triangle pattern, which it broke through later. The price reached the support level (bottom of the range zone), where an impulse move formed. On the daily timeframe, the market is moving towards the strong resistance zone. I expect an upward short-term move and a retest of the resistance zone and upward trendline. My target is the resistance zone and trendline at 150.000Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
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🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.
💰FREE FOREX signals in Telegram: bit.ly/3F4mrMi
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
🚀FREE CRYPTO signals in Telegram: t.me/cryptolingrid
🌎WebSite: lingrid.org
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.