best free forex signals today for USD JPY
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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