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Possibilty

USDJPY POSSIBILITY ANALYSISWhat I can say for now is simple attraction for sides that can potentially collapse for some period of time.
Short
by bilguungunee
Potential Head and Shoulders Fakeout into 200 MA then breakdown Bulls have tested 6800 area 6 times since June 18th, I think if we head back up there and the head and shoulders pattern plays out then we will break up towards 7000 area. Maybe consolidate around then and move up giving the resistance time to come down. The 200 MA is moving down and we fell out of the sky last time we touched 200 MA, also the 30 week MA is heading down at an accelerated rate it would be a great setup to get everyone bullish and then wreck them. The ultimate last chance to short!
BITFINEX:BTCUSD
by ZacharyThompson
Updated

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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