Trend: Strong recent bullish momentum.
Current Price: ~195.458 JPY.
Setup: A short (sell) position is marked, suggesting a potential reversal.
Stop-Loss: Around 195.924.
Take-Profit: Around 193.649.
Volume: Spiked during the breakout, now stabilizing.
EMA 200: Price is well above, indicating strong upward bias, but overbought risk.
Current Price: ~195.458 JPY.
Setup: A short (sell) position is marked, suggesting a potential reversal.
Stop-Loss: Around 195.924.
Take-Profit: Around 193.649.
Volume: Spiked during the breakout, now stabilizing.
EMA 200: Price is well above, indicating strong upward bias, but overbought risk.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.