USDJPY weekly forecast (technical side) 2018-05-w4

21 May 2018, 07:03
oleksandr bilokon
0
31

Chart: https://bi0l.blogspot.com/2018/05/usdjpy-weekly-forecast-technical-side_20.html

(Side of bulls). For saved purchases, if the rate of growth is higher (R1W1), or if the turn of the (up H4) is formed, the goals are equal (R2W1 / R3W1 / R3MN). Additionally, in order to reduce the risk, it is better to plan new positions on condition of the formation of a turn from (R2MN broken / down D1 broken)

(Bear side). For sales under the conditions of reverse formation (R1W1) and / or breakdown below (up H4), targets may be down (D1 broken / up D1 / S1W1).

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