October 19, USD/JPY, GBP/JPY, today's resistance, pullback, and breakdown levels
I have been introducing this for a long time,
From the Keikana Line perspective【Where the fall ends, the point to determine whether the upward trend continues】
In yesterday's case, the USD/JPY was 114.00.
⇒ Tried 114.00 several times but could not drop, then rose again
⇒ It has broken below today, but what is this pullback level today?
Below is yesterday's article.
We are introducing【A Point】= If it only falls to here, it is another higher attempt price
In the end, since it did not stay below here, it keeps rising.
Today (Friday) as well will it aim even higher?
The analysis is the same,
The analysis is that the upward trend since last Tuesday will not be broken until the lower boundary point
*A Point ⇒ If it only falls to here, it will rise further
*Boundary Point ⇒ As long as it does not fall below this, the upward tendency is favorable
Conversely, if it falls below, the upward trend collapses
Now, let's analyze with the Keikana Line today as well.
*This article is preliminary analysis information to prove the effectiveness of the Keikana Line
*For those who have learned Keikana Line, you can compare your own value-driven analysis and learn
*Note: This is preliminary analysis information. This does not constitute a recommendation to trade.