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VasilyTrader
1 Eki 2020 05:09

USDJPY: Update & Time to Fall! Satış

U.S. Dollar/Japanese YenFXCM

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USDJPY broke and closed below a support line of a rising wedge pattern on 4H.
the breakout is considered to be confirmed and bearish continuation is now expected.

The best place to short the pair is the local expanding area between the last higher low level and broken wedge's support.

goals:
105.1
104.8
Yorumlar
VasilyTrader
Are you also bearish on usdjpy?
TradingDragonFX
@VasilyPonomarev, great technical analysis

i am aiming to long from here on a wider zoom out i see a possibility of moving up

TradingDragonFX
@TradingDragonFX, converted to short now :D
VasilyTrader
@TradingDragonFX, good analysis!
Joel_Walczok
love your chart! clean. hard to find trades with clean charts hahaha
BigBoss88
Brilliant, as always. Thanks Vasily. I didn't trade this yesterday because of existing positions. Now I wish I did
shervinkhan49
105.400
106.800
buy
alldadirect
I'm still in this trade. Do you still think it will fall? Or should I close out with some profit?
VasilyTrader
@alldadirect, I am applying trailing stop here. So I want it to go lower and it looks bearish to me, so I will hold.
Saeed966
Nice analysis
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