31/10/2022
You have to love price action
The closest you’re ever going to get to the future of price, is price itself
https://t.me/TLDFreeSignalsAL
I have been trading USDJPY solely for the past 7 months as it has been the pair not only offering me the most opportunities, but the highest win rate and biggest risk/reward ratios. Just because this is my favourite pair and works for me, does not mean you should stop what you’re doing and change. Everyone is different and it’s important to be unique in this industry
After pushing into a level of support in the market we seem to be back to seeing bullish market structure on USDJPY. We are forming higher highs followed by higher lows. Using a combination of confluences we have calculated a potential buy position with price correcting back into previous resistance to be used as support which also lines up with the 61.8% Fibonacci level
This makes for possible short term sells come market open followed by a buy position later on. Time to sit on our hands and wait!
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