Hello and welcome to my Trade Idea of the currency pair USD/JPY.
Lets start with the Top Down Analysis.
Monthly: The movement is very bearish.
Weekly: On weekly we see it's bearish again.
Daily: We see a Trendline, and a Gravestone Doji at the H4 Resistance, turnt Support Key level.
H4: A huge gap was opened and we see if the very big RR has a chance.
Lets start with the Top Down Analysis.
Monthly: The movement is very bearish.
Weekly: On weekly we see it's bearish again.
Daily: We see a Trendline, and a Gravestone Doji at the H4 Resistance, turnt Support Key level.
H4: A huge gap was opened and we see if the very big RR has a chance.
Note
Lets see if the M15 trendline can be broken.Note
First stop achieved. The market will retrace a little and then continue to fall to the lows.
I'll keep you updated.
Trade closed: stop reached
The NFP's were unfortunately against me today. It's hard to see because the Trade had real potential. But that's how it is in trading.
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.