Long

USDJPY-Weekly Market Analysis-Jan19,Wk1

On the Daily Chart(right), the market has fallen straight into the buy zone and beyond the D completion but within X, that will give a better Reward:Risk.

However, on the left(4-hourly chart), the market has formed a new sell zone and that can be a warning signal for bullish traders to look out for. Perhaps a consideration of shifting stops to entry might be a great idea if an indecision candle has appeared within the sell zone.

If you do not wish to miss any more trade ideas, just subscribe to us and please do check out Oct 2018 results that it has given a total of 2,333pips of net profit in a single month.
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RaynLim

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RaynLim

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