USDJPY The 4hour MA50 is the sell signal you want
USDJPY is trading inside a Falling Megaphone pattern.
Every 4hour MA50 test since Nov 16th has been a sell signal, with the price action producing 5 so far.
Sell on the next near test. Target the dashed line at 140.000, which is also near the 1 year Rising Support.
Previous chart:
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Every 4hour MA50 test since Nov 16th has been a sell signal, with the price action producing 5 so far.
Sell on the next near test. Target the dashed line at 140.000, which is also near the 1 year Rising Support.
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.