VasilyTrader

USDJPY: Peculiar Zone to Watch 🇺🇸🇯🇵

Short
OANDA:USDJPY   U.S. Dollar / Japanese Yen

Hey traders,

USDJPY is trading around a very peculiar zone:
we see a perfect confluence between a horizontal structure resistance,
a recently broke rising trend line and a completion point of a harmonic ABCD pattern.

Moreover, analyzing 1H time frame, I spotted a double top formation with a confirmed neckline breakout.

I expect a bearish move at least to 136.78

❤️If you have any questions, please, ask me in the comment section.
Please, support my work with like, thank you!❤️

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/
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.