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Usdjpyshort

💡Don't miss the great sell opportunity in USDJPYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (109.53). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDJPY is in a downtrend, and the continuation of the downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 49. Take Profits: TP1= @ 109.31 TP2= @ 109.06 TP3= @ 108.81 TP4= @ 108.63 TP5= @ 108.39 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
7
💡Don't miss the great sell opportunity in USDJPYTrading suggestion: ". There is still a possibility of temporary retracement to the suggested resistance line (110.31). if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . USDJPY is in a range bound, and the beginning of a downtrend is expected. . The price is below the 21-Day WEMA, which acts as a dynamic resistance. . The RSI is at 24. Take Profits: TP1= @ 109.72 TP2= @ 109.27 TP3= @ 108.96 TP4= @ 108.55 TP5= @ 108.32 SL: Break Above R2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Short
by ForecastCity_ME
4
USDJPY OVERALL OUTLOOK & ANALYSIS Feb.week1USDJPY Monthly shows a strong bullish engulfing pattern . This bullish rally has driven its way to supply zone at 105.139 with tons of weekly candles showing rejection at that price level. last 3 daily candles show bearish pressure with respects and volume filling below the 105.000 area. H4 chart shows the last 6 candles with bearish signals. With the HH and HL formations, we may see rejections downward to the 104.850 and possible 104.600. H1 Chart is showing Bearish ascending forming. outlook: the bearish signs, alongside with the patterns and technicials; have me in a bearish bias for the next trading day and will be shorting intraday.
Short
by jaayFx