Still relatively new to the markets so bear with me.
I have been watching USDJPY for sometime now and back at the beginning of the year we have a HUGE sell off of the pair, blowing through weekly and monthly zones bringing us to new lows since 2017.
I have analyzed Weekly, Daily, 4 hour, and even 2 hour charts to come to this conclusion. I think we are heading...
I'm a relatively new trader here, so constructive criticism is always nice. I suppose you can consider me a swing/short term trader; nothing longer than a week so I look at hourly charts and sometimes day charts.
Based on previous chart data I have plotted my support lines that seem to be respected fairly well. Using those I then followed up with a little longer...
