It sounds like you're discussing the currency pair USD/JPY and its recent change in trend direction. A downtrend in USD/JPY would indicate that the US dollar is weakening relative to the Japanese yen. This change could be influenced by various factors such as economic data releases, changes in monetary policy by central banks (such as the Federal Reserve in the US...
It sounds like you're analyzing a currency pair or another financial instrument where the price has been testing a key support level around 1.4600 multiple times. Here's a breakdown of your analysis: Key Support Level (1.4600):The price has repeatedly tested this level but hasn't managed to break below it decisively. This suggests that buyers are stepping in...
Trend Based Analysis it will be a down trend so you go for short with proper SL and TP
Trend based analysis so guys you have to follow the trend and get good profits
Trend based analysis so guys you have to follow the trend and get good profits
Trend based analysis so guys you have to follow the trend and get good profits
Trend Based analysis so now go for short with proper TP and SL