USD/JPY view for this week, possible BEARISH breakout
Rising Wedge on H1 was created last week and finally broke out today and bounced to a major resistance zone .
Watch price action for possible bullish breakout or drop to S3 pivot .
My view is short term sell scalp until S3 pivot and will closely watch the price action along that pivot .
If this chart helped at all, leave a like or follow.
I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA.
DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA.
Good luck to everyone!
Watch price action for possible bullish breakout or drop to S3 pivot .
My view is short term sell scalp until S3 pivot and will closely watch the price action along that pivot .
If this chart helped at all, leave a like or follow.
I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA.
DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA.
Good luck to everyone!
Trade attivo:
Short entry @ 108.709
Commento:
US 10Y Yield differential with JPY still in play.. going to hold my short entry.
Commento:
Added more shorts @ 108.981
Commento:
Testing 108.1 area, more potential downside here until my target for S3 pivot.
Commento:
Still a very good short, might hold longer term.
Trade chiuso: stop raggiunto:
Breakeven SL was hit a while ago at 108.5