USD/YEN looking mint for a short
Double Top shows clear sign of reversal, stop loss at 106.987.
The trend line shows that once it hits end of line, it can start rejecting if the volume stays.
Now you might be asking, what happens after a double top already poops the bed? Well, I'll tell ya.
It's already in ping pong phase, so it's next move is to keep down trending due to the volume being super inconsistent at this point of time.
Straight
To
The
Point
Like it up and leave me some feedback! Already put my trades in on meta trader (platform I use and personally recommend).
The trend line shows that once it hits end of line, it can start rejecting if the volume stays.
Now you might be asking, what happens after a double top already poops the bed? Well, I'll tell ya.
It's already in ping pong phase, so it's next move is to keep down trending due to the volume being super inconsistent at this point of time.
Straight
To
The
Point
Like it up and leave me some feedback! Already put my trades in on meta trader (platform I use and personally recommend).
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.