Mason7007

Retest of monthly Trendline and also into monthly supply zone.

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Shorting this pair. Testing monthly trendline and hitting a monthly supply zone. Looking to the weekly and daily for overall trend change to the downside. Next months candle if it breaks this ascending trendline will verify a strong downtrend. Patience here but a very good time to short is near.

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.