Hello everyone! Today wanna share with you my idea about USD JPY . Is moving from 1 month inside a triangle , now looks like is ready to break it , EMA 200 in 4h it's an important tool in my opinion , in this case acted as resistance around 111 zone so the possibilities for this pair are higher for a downside break by the way will wait for a strong and solid breakout! Take an eye on it for this week , this is in my watchlist of the week!
Let me know in the comments what you think about that!
Let me know in the comments what you think about that!
Note
Broke in 4h timeframe the triangle but try to see this! EMA 200 in daily is pushing the price higher! Wait for a daily confirmation for the breakout of this triangle
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.
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.