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USDJPY - SELL - H1 - Parallel Channel - Bearish correction -

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OANDA:USDJPY   ABD Doları / Japon Yeni
Trend Analysis Chart Patterns Technical Indicators USDJPY usdjpyshort breakout Bearish Patterns Forex forexsignals Technical Analysis
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USDJPY - SELL - H1 - Parallel Channel - Bearish correction -


We have a bullish parallel channel on the major trend H4 & H1 charts,
but we have also a bearish correction in the current Trend with a bearish trend line as resistance.

Until the price breaks this resistance trend line, we are looking for short entries.

Our target will be @ the 0.618 Fibonacci Extension Level.

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Entry: 107.65 | Stoploss: 107.80 | Takeprofit: 107.35 |

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If you like this idea please click the like button to support this channel, thanks.
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Disclaimer: All information and ideas provided is for educational purposes only. It is not a recommendation to buy or sell.
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Feragatname

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