What happened? Japanese shares fell on Monday…
USD/JPY: new high coming soon
2019-11-11 • Updated
There are a "High Wave" and a "Hammer", but we don't have any reversal pattern. So, the pair is likely going to continue rising towards the nearest resistance in the short term.
We've got a "Doji" and a "Shooting Star" at the last high, so bears are likely going to test the closest "Window" during the day. If a pullback from this level happens, we could have a new high shortly.
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...