USDJPY-bias short
Bearish indications:
Major resistance respected.
Trend line support broken.
Bearish divergence.
Double top from higher low formation.
Fib level 0.5 respected from the bearish fall from the top
Bearish engulfer candle in 4 hr time frame.
Bullish indications:
Short term HHHL intact.
Trade plan bias short @ 144.473
SL:145.200
TP1:143.694
TP2:143.182
Major resistance respected.
Trend line support broken.
Bearish divergence.
Double top from higher low formation.
Fib level 0.5 respected from the bearish fall from the top
Bearish engulfer candle in 4 hr time frame.
Bullish indications:
Short term HHHL intact.
Trade plan bias short @ 144.473
SL:145.200
TP1:143.694
TP2:143.182
Note
TP1 HIT
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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.