U.S. Dollar / Japanese Yen

Short

USDJPY short

By Jimmyrockhard

Updated

UJ is looking like shorting more on the smaller time frames will watch how the monthly closes to see if price wants to break from the 200ma

Note

if price breaks and closes below the 200ema should short down to 109.00

If price longs to 111.000 then should hit channel top

snapshot

Note

high and low of the box should be watched for entries of longer term trades

Note

UJ 4h closed under 200ema - should test 109.000

Note

snapshot

Note

shake out 1h long candle - why i hate FX

snapshot

Note

snapshot

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.