USD/JPY - Diamond Tops
D1 Timeframe - 1.Reversal Pattern being created ( Diamond Tops)
2. 50% Fibonacci level tested, showing some resistance, nice to the bears
3. Impulsive wave getting finished , some correction to start?
H4 Timeframe - 1. Sellers are showing some good strong
2. Level 50 from Moving Average was crushed by the bears.
I guess the pair will go short for now.
2. 50% Fibonacci level tested, showing some resistance, nice to the bears
3. Impulsive wave getting finished , some correction to start?
H4 Timeframe - 1. Sellers are showing some good strong
2. Level 50 from Moving Average was crushed by the bears.
I guess the pair will go short for now.
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.