USD/JPY
1. Price got rejected from key zones like supply area, 50 Fibo and 200 MA.
2. Price completed full BCR - break close retest.
3. For additional confluence I checked DXY chart where price is in strong downtrend.
4. Bearish pin bar on 4-hour chart.
So now I hope to see downtrend continuation.
RR 1:3
2. Price completed full BCR - break close retest.
3. For additional confluence I checked DXY chart where price is in strong downtrend.
4. Bearish pin bar on 4-hour chart.
So now I hope to see downtrend continuation.
RR 1:3
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.