Home > heikin-ashi > Heikin-Ashi psychological line for $USDJPY #forex #markets #trendfollowing #trading #heikinashi

Heikin-Ashi psychological line for $USDJPY #forex #markets #trendfollowing #trading #heikinashi

April 17, 2016

$USDJPY daily

  • Blue and Red: Reversals indications, with strength depending on the prevailing trend
  • Yellow: Lower-probability reversals (tighter stop-loss)
  • In a downtrend, + 1, +2 are weaker reversal signals
  • In a downtrend, +3 is a weak signal and points to a weak reaction
  • In a downtrend, +8 is a strong signal and points to a continuation of the trend

 

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