j.Hejazi | USDJPY shorting
Updated
After reaching resistance at 134.50, USDJPY appears to be forming a double top pattern with a divergence. If the closing price of a 2-hour candle falls below 133.774, this could indicate a sell signal, with a target to retest 132.800.
-------------------------------------------------------------------------
Let me know your thoughts in the comments, and show your support by liking the idea.
Please follow if you're interested in more ideas like this.
Your support is greatly appreciated!
-------------------------------------------------------------------------
Let me know your thoughts in the comments, and show your support by liking the idea.
Please follow if you're interested in more ideas like this.
Your support is greatly appreciated!
Order cancelled
the price didn't close below 133.774 (the neckline) so this pattern is not confirmed
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.