Get started
Elliot_Myers

USD/JPY Deep Correction

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
Elliot_Myers  
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY short usdjpyshort correction trend trendcontinuation
1
0
usdjpy short usdjpyshort correction trend trendcontinuation
Monday saw a bearish close on a failed re-test of the daily trend line.

Previous price action rebound off of this line have led to deep corrections and scope for a re-test of lows at 105.579 are possible based on previous corrective structure.

Related Ideas

Elliot_Myers
USDJPY Sell Set Up - Trend Continuation
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.