Get started
TradeTacticsreal

SUPPORT AND RESISTANCE / SUPPLY AND DEMAND

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
TradeTacticsreal Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Fundamental Analysis supply_and_demand Trend Line Break
13
0
trendanalysis chartpattern fundamental supply_and_demand trendlinebreak
Take a look at our analysis for USDJPY.

Time Frame: 4H
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish

The market is approaching a key level: 156.951.

Considering the today's price action, probabilities will be high to see a movement to 155.554.

P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought
Trade active
Trade active
Trade closed: target reached
Trade active
Trade active:
Active short trade
Trade active
Trade closed: target reached
Trade active
Trade closed: target reached
Trade active
Trade closed: target reached
Trade closed: target reached
Trade active
Trade closed: target reached
Trade active
Trade closed: target reached
Trade closed: target reached

Related Ideas

TradeTacticsreal
TRENDLINE BREAKOUT / SUPPORT AND RESISTANCE
TradeTacticsreal
SMC / LIQUIDITY
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.