The 5%ers' Blog

Confirmation Level USDJPY 03/07/18

July 3, 2018 | 11:10 am | The 5%ers' Blog
July 3, 2018 | 11:10 am
The 5%ers' Blog

The USDJPY is after a nice uptrend, therefore I’ll prefer to look for reversal.

If the price will break the support below it’s a sign the momentum has changed

From bullish to bearish, in that case, I’ll look for P”A setup of sell position.

My first target will be the demand below and the final target is the demand

At the bottom.

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