Possible daily trend reversal for USDJPY

Hi pros
last fight area bears win and rekt all the buyers
price break the last Lower low

possible beginning of a wave down

Trade active

first trade

Note

the trend analysis looks like bears took control on this forex pairs again

so I will privilegiate the short setups for the next months on this pair

Note

The flash krash on SPX will surely have an impact on this pair because they are positively correlated.

I expect the price to drop really fast.

Note

I noticed with my last trades that USDJPY it's late compared to SPX :
last time SPX krash the 29 september and USDJPY begun falling on November so maybe we will need some patiente to see this strong wave down

Note

take half

AB : 7518 + 57 = 7575$

Note

won 70 pips in less than 20 hours

Note

1:8 RR ratio

Note

like a very nice man told : "you win IMMEDIATLY"

Note

look how many we could have get if we shorted GBPJPY yesterday (i'm sorry to have forgot this because i don't trade this pair habitually due to the high spread), good lesson to remember next time

monstruous perf

Note

jeanneymar011001

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.

jeanneymar011001