Hi there,
Here we got another got setup for more downside and if you guys remember we were longer term bearish on USDJPY from top then i hope you are in from the HILL and now looking for more downside. Lets straight come to the point.
How you can trade on this chart.
1. Watch for the strong breakdown and join the fall. NOTE ( sell before the breakdown carry risk )
Or
2. Wait for the price to keep pushing for upside slowly and then look for price action at 786 or 886 of FIB line and then look for short from there.
This pair still has a huge potential for more downside.
Good Luck
Please support the setup with your likes, comments and by following on Trading View thanks
Here we got another got setup for more downside and if you guys remember we were longer term bearish on USDJPY from top then i hope you are in from the HILL and now looking for more downside. Lets straight come to the point.
How you can trade on this chart.
1. Watch for the strong breakdown and join the fall. NOTE ( sell before the breakdown carry risk )
Or
2. Wait for the price to keep pushing for upside slowly and then look for price action at 786 or 886 of FIB line and then look for short from there.
This pair still has a huge potential for more downside.
Good Luck
Please support the setup with your likes, comments and by following on Trading View thanks
For Training visit.
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Related publications
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.
For Training visit.
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Website wave-trader.com
Website techtradingacademy.com
Slack: wavetraders.slack.com
Telegram: t.me/Wavetraders
X: twitter.com/Wave__Trader
FB: facebook.com/WTimran
Related publications
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.