If the market retraces back to the yellow zone, the action on USDJPY will be on this timeframe, the 4-hourly chart.
If the market shows a buying signal without breaking and closing below the low price within the yellow zone, I will be looking for a buy, however, if the market break and close below the yellow zone, I will wait for a retracement back to 108.70 for a shorting opportunity.
If the market shows a buying signal without breaking and closing below the low price within the yellow zone, I will be looking for a buy, however, if the market break and close below the yellow zone, I will wait for a retracement back to 108.70 for a shorting opportunity.
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.