USDJPY GOING SHORT
confluences:
1) downtrend momentum , break through trend line of the daily timeframe
2)area of value major level of support and resistance .fib reversal lvl at 38.2 , trend line respected
3) entry trigger : price currently form a candlestick pattern on the hourly chart (three black crows) , now waiting for a retest or more downtrend momentum .
1) downtrend momentum , break through trend line of the daily timeframe
2)area of value major level of support and resistance .fib reversal lvl at 38.2 , trend line respected
3) entry trigger : price currently form a candlestick pattern on the hourly chart (three black crows) , now waiting for a retest or more downtrend momentum .
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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.