USDJPY Analysis: Opportunities for Shorting Enthusiasts
USDJPY is still pretty bullish, but for those looking to short, here's what I'm watching:
Daily Chart:
- Signal: Retest of the broken trendline
- Entry: Wait for MCC
1-Hourly Chart:
- Bearish Deep Gartley Pattern at 157.33
- Conservative Entry: Wait for MCC, preferably a retest on the PRZ (Potential Reversal Zone) with RSI Divergence
What's your trade plan for USDJPY? Comment down below and share your thoughts!
Happy trading!
Daily Chart:
- Signal: Retest of the broken trendline
- Entry: Wait for MCC
1-Hourly Chart:
- Bearish Deep Gartley Pattern at 157.33
- Conservative Entry: Wait for MCC, preferably a retest on the PRZ (Potential Reversal Zone) with RSI Divergence
What's your trade plan for USDJPY? Comment down below and share your thoughts!
Happy trading!
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