best free forex signals today for USD JPY

Discussion in 'General Forex Discussion' started by Atthar dewidar, Aug 25, 2018.

  1. Atthar dewidar

    Atthar dewidar Well-Known Member




    best free forex signals today for USD JPY

    BEST Free forex trading signals Free

    USD JPY

    sell @ 111.40

    tp @ 110.70

    sl @ 111.80

    best free forex trading signals today Description

    USD JPY is preferred to sell on FX market as long as USD JPY trades below the resistance level 111.80

    as a stop loss and exit from the deal targeting the 110.70 level to take profit

    Free forex trading signals analysis

    Trend

    USD JPY moves in down trend in medium term and in very near term USD JPY formed uptrend wave

    Trend lines

    USD JPY break out down trend line and start sideway trading

    Chart pattern today for USD JPY best forex trading signals

    USD JPY finished down ZIGZAG, Measured move pattern and formed current uptrend wave which we expect to end near 111.60 and resume down trend

    FIBO RETARACMENT AND EXPANSION

    the current bullish wave RETARACMENT 50 % of down trend

    Important Support and resistance level today

    111.50 represents resistance level on medium and long term

    The Relative Strength Index (RSI)

    USD JPY also give early sell trading signal when the indicator decline from level 70 on 4 hour frame

    Candlestick pattern

    bearish engulfing pattern appear on USD JPY price chart on 4 hour frame and one hour chart

    Next wave

    expectations from best forex signals refer to bearish next wave
     

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