Hello Traders,
Today I am gonna be doing a quick analyses on USDJPY, witch this pattern repeated every time when the price comes near of this important Resistance level, we basically have an acumulation sideways before the price have a strong downtrend moviment.
The Short entry must be bellow this acumulation, the Long entry only if the price breaks this Important resistance and acumulate above or made a pullback to test as support.
Please push the like buttom and follow us on Tradingview
Today I am gonna be doing a quick analyses on USDJPY, witch this pattern repeated every time when the price comes near of this important Resistance level, we basically have an acumulation sideways before the price have a strong downtrend moviment.
The Short entry must be bellow this acumulation, the Long entry only if the price breaks this Important resistance and acumulate above or made a pullback to test as support.
Please push the like buttom and follow us on Tradingview
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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.