USDJPY
1.USDJPY is on a correctional process of the Trianglular Break of structure.
2.The correction(retest) is happening because the Price wants to clear all Sellers before it starts to drop.
3.Its a small trap for buyers, before a mojor downtrend.
4.We wait for the Price to react Off of the last Support Trendline, then we take our Sell entried from there.
USDJPY WAIT FOR SELLs
2.The correction(retest) is happening because the Price wants to clear all Sellers before it starts to drop.
3.Its a small trap for buyers, before a mojor downtrend.
4.We wait for the Price to react Off of the last Support Trendline, then we take our Sell entried from there.
USDJPY WAIT FOR SELLs
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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.
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.