USDJPY made an almost 180 points move after basing off the PZ, it rallied as per my arrow yesterday from my plan (tradingview.com/chart/USDJPY/gnrudSQt-31072023-USDJPY/) as was rejected at 142.60 almost perfectly. But overall, as we can see, price action is still bullish. 143 as mentioned many times was my near term (was mid term) target and we are nearing it.
Watch for a possible break to short the pullback to the PZ but nothing more; trend is still up till it is not. We can see all the zones are below as support thus breaking down is not easy, look for dips till trend change.
Watch for a possible break to short the pullback to the PZ but nothing more; trend is still up till it is not. We can see all the zones are below as support thus breaking down is not easy, look for dips till trend change.
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
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.