January 22th USDJPY FX Chart Analysis

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I will begin USDJPY ZeroMarket FX Chart Analysis for January 22th






This is XAUUSD 30m candle chart for yesterday.

After it broke down below parallel supporting line, it ended up drifting sideways.

After it did not have any rebound nor touching resistance lines,
It fell additionally.

For those who know how to cope with short position must have made profits.

Congratulations.

Basically it was long position so yesterday’s strategy was a failure.






Today we have USDJPY 30m candle chart.

It is long position strategy.

Please check out blue route and entry points.

Also check out red routes with entry timing and price points.

If the price breaks down below orange trend line with an additional candle, call it a day with no position.

Please also refer to EURJPY which moves the same way,

Finally check out red finger pointer as bonus points.

Carefully look at the smile face line (safe zone) and sad face line (danger zone)

Hope you do the safe trading.

See you tomorrow.

Thank you.


(Translation
Jae Ho Shin)