USD JPY- uptrend is weaker
UJ meeting one of the most strong resistant in this YEAR.
but the Trend: RSI divergence; MACD Divergence = WEAKER trend
We haven't seen any reversal pattern, but if Price is forming a Double TOP ( Which I draw)- I think we will have a big SHORT protential.
Again if we short now- we are struggling with the trend- so be carefull-
BUT the next candle in Week and Day maybe a red one.
but the Trend: RSI divergence; MACD Divergence = WEAKER trend
We haven't seen any reversal pattern, but if Price is forming a Double TOP ( Which I draw)- I think we will have a big SHORT protential.
Again if we short now- we are struggling with the trend- so be carefull-
BUT the next candle in Week and Day maybe a red one.
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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.