JPYBASKET: expected short play
Hello pals, JPYbasket is a JPY index just like DXY for USD, so u can use it for confirmation on your JPY and USD involved pairs.
Based on candlesticks and DTL, I think this index is going downhill to the previous low.
8050 needs to be broken first before it can be said with certainty that the index will be bearish, but if that happens be sure to look for any good level for buys on XXXJPY pairs!
Will update if something interesting happens ;)
Based on candlesticks and DTL, I think this index is going downhill to the previous low.
8050 needs to be broken first before it can be said with certainty that the index will be bearish, but if that happens be sure to look for any good level for buys on XXXJPY pairs!
Will update if something interesting happens ;)
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.