USDJPY | Rejected by Ichi Cloud
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Initiate Short.
Entry - 109.040
TP1 - 108.808
TP2 - 108.507
TP3 - 108.189
TP4 - 108.000
SL - 109.110
Reason: The price was rejected by Ichi Cloud resistance. Also the shape of Ichi Cloud shows us the strenght of this downward movement.
Previously in my idea on this pair I did not notice the price formed a double top, which is not a good signal at all.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Initiate Short.
Entry - 109.040
TP1 - 108.808
TP2 - 108.507
TP3 - 108.189
TP4 - 108.000
SL - 109.110
Reason: The price was rejected by Ichi Cloud resistance. Also the shape of Ichi Cloud shows us the strenght of this downward movement.
Previously in my idea on this pair I did not notice the price formed a double top, which is not a good signal at all.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
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.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
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.