Short on USDJPY
OBV showing bearish divergence
Supertrend also bearish
Although a break out from previous range but volume not good enough
Possible head and shoulders type formation
Also at a monthly and weekly resistance
Range top, has to go for supply zone
Supertrend also bearish
Although a break out from previous range but volume not good enough
Possible head and shoulders type formation
Also at a monthly and weekly resistance
Range top, has to go for supply zone
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.