Diamond Reversal Pattern on USD/JPY
Possible Diamond Reversal on the USD/JPY 15 min chart.
Good possibility for a 10 pips scalp if not more, but there is some support on the previous swing high at around 110.223.
Trade wisely ;)
Good possibility for a 10 pips scalp if not more, but there is some support on the previous swing high at around 110.223.
Trade wisely ;)
Note
There is also the 7/20 MA deathcross imminent, with STOCH overbought, exiting down and the the Slingshot EMA cloud coming up for support at the aforementioned price^^Note
Target hit, 5% in 5 minutes ;)
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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.