USDJPY 1hour Analysis December 1st, 2020
USDJPY Short
Price is forming a rising wedge up into a key weekly level and the 4h 200MA, which price has respected for months. Enter on strong engulfing out of the support structure or wait for a break and retest on lower timeframes.
Price is forming a rising wedge up into a key weekly level and the 4h 200MA, which price has respected for months. Enter on strong engulfing out of the support structure or wait for a break and retest on lower timeframes.
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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.