Technician

USDJPY: Approaching potential resistance confluence

FX:USDJPY   US-Dollar / Japanischer Yen
2574 9 86
Another potential trade in the USDJPY             , as the price approaches the 1.618 extension for latest bearish wave in addition to the 78.6% retracement for the overall bearish wave.

This is just a highlight for level, and it is not forecast or a trade yet. A confirmation that this is a valid resistance remains needed to initiate the trade.

Will be posting on new developments.

Best
Technician
hi @Technician! any updates in this forecast? already in the zone :)
Antworten
Thank you
Antworten
It works
Antworten
USD/JPY in up trend. Target is 125.00.
+1 Antworten
Technician, did you mean 1.618 retracement?
Antworten
I do see divergence in 4H TF as well. There is a possibility to go short on the break of the structure.
Antworten
Hi!, great analysis!. What confirmation are u looking for? TL break? you wait for just break? or closing after the break?

Thanks, great job
Antworten
looks good
Antworten
Bearish its gonna be...
Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden