The price is below the moving average 20 MA and 200 MA, indicating the downward trend. The MACD is in a zero level, the average came out of the histogram. The oscillator Force Index is below the zero level. If the level of support is broken, you shall follow recommendations below: Timeframe: H4 Recommendation: Short Position Entry Level: Short Position 119,40 Take Profit Level: 118,40 (100 pips) Stop Loss Level: 119,80 (40 pips) If the price rebound from support level 119.4 you shall follow recommendations below:...
MACD is below the zero line. The oscillator Force Index in the zero line. If the level of support is broken, you should follow recommendations below: Timeframe: H4 Recommendation: Short Position Entry Level: Short Position 119.70 Take Profit Level: 118.35 (135 pips) Stop Loss Level: 120.10 (40 pips) If the price rebound from support level, you should follow recommendations below: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position 120.15 Take Profit Level: 121.15 (100 pips) Stop...
Should price action for the USDJPY remain inside the 117.600 to 118.000 zone the following trade set-up is recommended: Timeframe: H1 Recommendation: Long Position Entry Level: Long Position @ 117.800 Take Profit Zone: 120.000 – 121.000 Stop Loss Level: 116.000 Should price action for the USDJPY breakout above 118.000 the following trade set-up is recommended: Timeframe: H1 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 120.000 – 121.000...
Should price action for the USDJPY remain inside the 117.250 to 118.250 zone the following trade set-up is recommended: Timeframe: W1 Recommendation: Short Position Entry Level: Short Position @ 117.600 Take Profit Zone: 102.250 – 104.250 Stop Loss Level: 122.000 Should price action for the USDJPY breakdown below 117.250 the following trade set-up is recommended: Timeframe: W1 Recommendation: Short Position Entry Level: Short Position @ Retracements in the trend; sell orders during rallies Take Profit Zone: 102.250 –...
Should price action for the USDJPY remain inside the 116.800 to 117.200 zone the following trade set-up is recommended: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position @ 116.900 Take Profit Zone: 120.000 – 121.000 Stop Loss Level: 116.000 Should price action for the USDJPY breakout above 117.200 the following trade set-up is recommended: Timeframe: H4 Recommendation: Long Position Entry Level: Long Position @ Retracements in the trend; buy orders during dips Take Profit Zone: 120.000 – 121.000...
