USDJPY could see massive SHORT - [Depending on these Conditions]
Depend on a few conditions :
- the close of the next H4 candlestick below strong resistance
- a break of structure below the previous Higher lows to signal a possible change in trend
- retest of a mid-range support and a higher timeframe trendline
- along some sort of bearish confirmation on the smaller timeframes
- and for added confirmation a cross of the moving averages.
... we could see a shift in momentum of this pair towards a downside momentum. View this video for projected take profit and stop loss areas. Massive insight inside.
- the close of the next H4 candlestick below strong resistance
- a break of structure below the previous Higher lows to signal a possible change in trend
- retest of a mid-range support and a higher timeframe trendline
- along some sort of bearish confirmation on the smaller timeframes
- and for added confirmation a cross of the moving averages.
... we could see a shift in momentum of this pair towards a downside momentum. View this video for projected take profit and stop loss areas. Massive insight inside.
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.