Gucci_Belt

Weekly analysis 1/15/2022 USDJPY

FX:USDJPY   Đô la Mỹ / Yên Nhật
USDJPY likes to mess with me. last week I had a bullish bias and USDJPY seemed to go against everything I personally analyzed. Price action dropped and pulled back to the major consolidation below it. Re-analyzing the market this week, I was able to get into a short position with the downtrend that the 1 hour and 4-hour timeframes proved to created. This netted my twice my initial risk. However, the daily timeframe showed a lot of bullish pressure at the major consolidation level after pushing back the bears and creating a massive bearish candle with a massive wick created by bullish pressure. The 15 min timeframe (where I scale in to actually place my positions) shows a potential break of the 1 hour and 4-hour downtrend that was going on this past week. Moving into the next week I am carefully watching the price to see if it successfully retests the pullback on the 15 min. if there is a successful retest of the pullback, I will be looking for buying opportunities, however if USDJPY chooses to run with the bears and bring price back down, I will be looking for short trades as well.
Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.