USDJPY: Market Analysis
1. The time frame chosen for analysis is 4H
2. The market has been making higher highs and higher lows indicating strong bullish nature and the price is in an uptrend
3. The market also has been following a trendline below which there is a lot of liquidity
4. Before taking entry it is always advisable to follow the trend
5. Take the entry on pullbacks near the orderblocks, or fvgs only after a confirmation in the lower time frame in 15 min time frame after a choch
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2. The market has been making higher highs and higher lows indicating strong bullish nature and the price is in an uptrend
3. The market also has been following a trendline below which there is a lot of liquidity
4. Before taking entry it is always advisable to follow the trend
5. Take the entry on pullbacks near the orderblocks, or fvgs only after a confirmation in the lower time frame in 15 min time frame after a choch
Knowledge is WEALTH!
These posts are to provide you with Knowledge and for your education!
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