ZackSchreiner

Short USDJPY following triple top on bearish RSI at a 61.8

Satış
FX:USDJPY   ABD Doları / Japon Yeni
3
The overall trend has been in a bearish channel since November 2015. Price action has put in a new Low and has ascended close to the top of the channel, putting in a Triple top near previous resistance levels at a 61.8 retracement with bearish divergence in the RSI. I expect to see another bearish movement down into at least a 127 extension.

I have identified a Flag pattern/ Ascending triangle pattern indicating a possible continuance to the upside so I have set an order to buy if my stops are hit. I have doubts that will happen because much of a continuance upward would break above previous structure highs and through the channel ceiling.
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.