USD/JPY GOING SHORT
confluences:
1) downtrend ( break of trend line), retest the previous high .
2)area of value : major key level of support and reisitance, fib reversal level at 61.8%
3)entry trigger: waiting for next candle to retest the the key level and a bearish candlestick appear
1) downtrend ( break of trend line), retest the previous high .
2)area of value : major key level of support and reisitance, fib reversal level at 61.8%
3)entry trigger: waiting for next candle to retest the the key level and a bearish candlestick appear
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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.