U.S Doller / Japanese Yen looks bearish
CONTINUATION OF USDJPY ANALYSIS FROM PREVIOUS ONE
1. Overall, the pair has been bullish and it reached the peak and created a new supply zone and a demand zone and consolidated.
2. The previous demand zone looks like has been broken (further confirmations needed / closing of 4H or D candlestick below the zone)
3. Let let the pair fall, XABCD pattern provides more confluence
TIP :
1. This might mean investors are taking out their money from JPY considered as a "Safe-Haven"
2. Check CADJPY (+ correlation) and EURCAD (- correlation)
1. Overall, the pair has been bullish and it reached the peak and created a new supply zone and a demand zone and consolidated.
2. The previous demand zone looks like has been broken (further confirmations needed / closing of 4H or D candlestick below the zone)
3. Let let the pair fall, XABCD pattern provides more confluence
TIP :
1. This might mean investors are taking out their money from JPY considered as a "Safe-Haven"
2. Check CADJPY (+ correlation) and EURCAD (- correlation)
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.