#H3 USDJPY Analysis
Instrument: [USDJPY]
Time Frame: H3 Chart
Observations:
1. Identified strong Buyer and Seller zones within a Parallel channel flow with Bullish trend.
2. Trend has consistently respected Seller and Buyers Zone 3 times with instances of reversal.
4. Price is reversing to Bullish upon hitting 147.400
5. Current price action shows respect for the Resistance zone/Sellers Zone again
6. Fast Moving Average line has also crossed the Slow moving Average line from Downside to up
Trading Strategy:
Put Your Entries in the Zone of 148.200_148.300 for Buy upto 151.000
Putting Stop Loss= 147.000
Time Frame: H3 Chart
Observations:
1. Identified strong Buyer and Seller zones within a Parallel channel flow with Bullish trend.
2. Trend has consistently respected Seller and Buyers Zone 3 times with instances of reversal.
4. Price is reversing to Bullish upon hitting 147.400
5. Current price action shows respect for the Resistance zone/Sellers Zone again
6. Fast Moving Average line has also crossed the Slow moving Average line from Downside to up
Trading Strategy:
Put Your Entries in the Zone of 148.200_148.300 for Buy upto 151.000
Putting Stop Loss= 147.000
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