USDJPY has exhibited a clear double top formation on its 4-hour chart, breaking below the neckline and confirming the pattern's establishment.
This movement undeniably signals a bearish outlook.
Investors are advised to enter at the current price, setting a stop loss at the peak of the double top.
For profit-taking, it's recommended to utilize the Fibonacci...
The USDJPY has currently reached a resistance level on the weekly chart, making it a favorable position in terms of risk-reward for a Counter trend.
Considering the recent views of the Bank of Japan on interest rates, a reversal may be on the horizon.
It is suitable to gradually build positions at this stage, with a stop-loss set at the previous high of...
Our current Bitcoin trading perspective suggests that entering the market at the trendline for a calculated rebound presents the most secure approach, particularly in the current range of 28000-28300.
It's important to note that the trendline's value will naturally increase over time.
However, a day will come when this rising trend can no longer sustain itself,...
