Dolar USA/Jen Japoński
Zaktualizowano

USDJPY Trade Idea

708
In Friday's (5th Feb) analysis, I talked about a potential rejection at the 105.70 resistance zone due to the over-extended condition, which was exactly what the market performed. But I've noticed that the rejection was strong, but the follow up was weak. Noticed that despite the strong bearish engulfing candle, buyers' still managed to take control of the bearish pressure. In today's trading session, I will remain neutral bias. Preferably, I would like to see buyers' slowly push the price upwards, digesting the bearish engulfing pattern while trapping the sellers, with 106.06 as target. But be aware that if there's a second rejection off the 105.60 - 105.70 resistance zone, that forms a double top pattern possibly sending UJ back to 104.70 support zone.

However, do not forget the overall trend on the higher timeframe remains bearish. If you're keen to learn how I've Identified a bullish reversal since 6th Jan, I will link them in the comment section below.

Trade safe.

Do follow my profile for daily fx forecast & educational content.
Uwaga
Previous analysis

USDJPY Trade Idea
Uwaga
USDJPY Trade Idea
Uwaga
USDJPY Trade Idea
Uwaga
USDJPY Trade Idea
Uwaga
USDJPY Trade Idea
Uwaga
USDJPY Trade Idea
Uwaga
USDJPY Trade Idea
Uwaga
USDJPY Trade Idea

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.