USDJPY is bull unless it crosses down 109.00
so as you can see in my chart that it has broke out the pennant which makes it BULL trend(the red line)
but crossing down 109 means tthat it breaks down the pennant and the latest lowest price so it will be converting the trend.
but crossing down 109 means tthat it breaks down the pennant and the latest lowest price so it will be converting the trend.
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.