USDJPY technical analysis tradding
Closing the session on August 23 is a bearish candle that encloses a cluster of bullish candles on August 22. In the H4 chart, a strong bearish candle appeared, although a few bullish candles appeared and formed the Inside bar combo formed by the previous bearish candle. So in the H4 chart, wait for the confirmation candle to break the inside bar candlestick pattern to clear the trend.
Combined with the 30 and 50 EMAs, a crossover has appeared. Therefore, we prioritize short positions.
Conclusion:
Sale: 136.9
SL: 137.8
TP1: 135.9
TP2: 134.8
Combined with the 30 and 50 EMAs, a crossover has appeared. Therefore, we prioritize short positions.
Conclusion:
Sale: 136.9
SL: 137.8
TP1: 135.9
TP2: 134.8
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