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Usdjpy4h

USDJPY Long Term Analysis (4H Chart)Technical Analysis Summary USDJPY TREND ANALYSIS We have 1 Uptrend in green color Internal Trend (Long Term) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of strength of levels (ONLY FOR VISUALS). White levels Levels are very tight stop losses that could be used in high leverage future trading. Good luck everyone, stay safe! If you need help ​don't hesitate to send me a message or comment If you find this content beneficial please don't forget to LIKE and FOLLOW Trading Involves High Risk Not Financial Advice
by husseindergham
USD/JPY - Ascending Triangle after Channel UpOn the 4h chart, we can see that it was following my Channel Up pattern quite nicely. Updating now on my previous successful analysis, it started to build an Ascending Triangle which indicates another bull run, especially now with the US-news we might get some more information on soon. I suggest going long. But as always check for price action first and proper risk management. We might have to watch out on the Final GDP tomorrow to get a clearer view. I'm most likely going long on this one! We might see a nice trade. Wish you all my luck traders! -------------------------------- Thank you for inspecting my idea I'm happy to receive any kind of feedback Also feel free to contact me I'm trying to build up a nice network for trading! Whatsapp: +41 79 943 63 48 Telegram: @sb_sandro
by Sandro_S
1
USD JPY - Towards an interesting zoneMorning traders! Today i'm going to post an analysis about USD JPY , in 4h timeframe printed a resistance in 108 zone, at the moment is going upside from march , from the low in 104.71 zone, but is going towards 108 zone that's an important confluence zone , here will touch the rising wedge and the previous highs. The direction isn't clear yet in my opinion , will wait for today's american data and then i'll be able to understand the direction will follow in the next weeks. Upside above 108 , downside towards 106 zone. Let's wait!
by maro9392