USDJPY H4. This Analysis Based On Price Action Theory.
We Have an Analysis Of USDJPY H4. This Analysis Based On Price Action Theory.
According to Multiple Analysis, We Can See That the Market has a Bullish Direction Because The Market Price Already Decline From the Previous support level@105.608 with the Trend line also Retest. But now the market on standby mod wait for correction. If correction happens then the target(support)@105.608 but the market will follow the uptrend then the target(resistance) will be@106.351
For More Confirmation, You can see that Bollinger Bands, Fib Retracement & Super Trend The Both are reflected Market Bullish Pattern
I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade.
Thanks
Regard
shivamfx Technical Team
Note- Please Take Only Two ✌️ 2% Risk On Given Analysis
According to Multiple Analysis, We Can See That the Market has a Bullish Direction Because The Market Price Already Decline From the Previous support level@105.608 with the Trend line also Retest. But now the market on standby mod wait for correction. If correction happens then the target(support)@105.608 but the market will follow the uptrend then the target(resistance) will be@106.351
For More Confirmation, You can see that Bollinger Bands, Fib Retracement & Super Trend The Both are reflected Market Bullish Pattern
I Request to All Before The Trade You Also Match You're Analysis With As If You're Set up Match Then You Can Trade.
Thanks
Regard
shivamfx Technical Team
Note- Please Take Only Two ✌️ 2% Risk On Given Analysis