USDJPY. Downtrend is still going?
Hello everyone!
This is my idea on USDJPY. This pair is in a Downtrend for a long time.
I have 2 setups, going SHORT below 106.416 and going LONG higher than 106.943. For both scenario I will wait for price to make its move and I will wait for confirmation and candlestick patterns.
I have also see that last week price closed with a bearish engulfing pattern at trendline and at a 50% fibo retracement.
Thanks for reading and if you like my work support me with a like or comment!
This is my idea on USDJPY. This pair is in a Downtrend for a long time.
I have 2 setups, going SHORT below 106.416 and going LONG higher than 106.943. For both scenario I will wait for price to make its move and I will wait for confirmation and candlestick patterns.
I have also see that last week price closed with a bearish engulfing pattern at trendline and at a 50% fibo retracement.
Thanks for reading and if you like my work support me with a like or comment!
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.