USDJPY: Slowing Momentum & Your Trading Plan 🇺🇸🇯🇵
https://www.tradingview.com/x/76crQEz0/
I guess that it is obvious that USDJPY is bullish.
However, analysing the price action, we can spot a slowing momentum:
after a sharp bullish impulse, the market started to grow within a rising wedge pattern -
a classic reversal pattern.
Its support breakout will be a strong bearish signal.
Wait for a 4H candle close below its boundary as a confirmation.
Sell aggressively or on a retest then.
Target will be - 143.44
❤️Please, support my work with like, thank you!❤️
I guess that it is obvious that USDJPY is bullish.
However, analysing the price action, we can spot a slowing momentum:
after a sharp bullish impulse, the market started to grow within a rising wedge pattern -
a classic reversal pattern.
Its support breakout will be a strong bearish signal.
Wait for a 4H candle close below its boundary as a confirmation.
Sell aggressively or on a retest then.
Target will be - 143.44
❤️Please, support my work with like, thank you!❤️
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✅Join My Telegram Channel: t.me/VasilyTrading
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
❗️YouTube Channel youtube.com/c/VasilyTrader
✅ Facebook: facebook.com/VasilyTrading/
⭐ My Forex & Gold Broker: bit.ly/vasilyforexbroker ⭐
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.