USDJPY - Analysis (D1, W1, & 1MO Trendines) - Validation Zone
Hi guys, I have a short on the analysis for USDJPY and also a possible high push towards a higher zone.
Currently, you can see I have that "Validation Zone" with an arrow down / the gray color like area. Make sure to use various confirmations like last kiss trades or just where it pivots bellow trend line, that is why I used the monthly, daily and weekly trend lines to draw that zone.
Happy trading and eat what the market gives you based on the validation zones :)
Last Week USD/JPY --> Total: 121 pips, did not get out break down.. but still its just chilling waiting. That is why I went to drawing board to find the validation area / zone.
Currently, you can see I have that "Validation Zone" with an arrow down / the gray color like area. Make sure to use various confirmations like last kiss trades or just where it pivots bellow trend line, that is why I used the monthly, daily and weekly trend lines to draw that zone.
Happy trading and eat what the market gives you based on the validation zones :)
Last Week USD/JPY --> Total: 121 pips, did not get out break down.. but still its just chilling waiting. That is why I went to drawing board to find the validation area / zone.
