Short from resistance : intraday only
Hello ...
Price has broken away from descending channel with strong upside move which indicates that long term short on USDJPY is not suitable ,
Anyhow we cannot confirm yet uptrend too as on daily chart price is still in Triangle pattern , since trend is not confirmed there may arise possibility of selling pair at resistance zone for intraday or scalping purpose ,
As price has broken away from channel and nearing to descending trendline of daily chart , we expect price to move lower for retesting support near top channel line or ascending triangle trend line...
Please follow us for more ideas n updates,.
Price has broken away from descending channel with strong upside move which indicates that long term short on USDJPY is not suitable ,
Anyhow we cannot confirm yet uptrend too as on daily chart price is still in Triangle pattern , since trend is not confirmed there may arise possibility of selling pair at resistance zone for intraday or scalping purpose ,
As price has broken away from channel and nearing to descending trendline of daily chart , we expect price to move lower for retesting support near top channel line or ascending triangle trend line...
Please follow us for more ideas n updates,.
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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.