USDJPY: Top spotted
Simple setup, initiate a short when the support is breached.
We have a very strong decline after completing what looks like an expanding ending diagonal triangle in the 4h/daily charts.
If price moves below the support level outlined in the chart, it will accelerate down, probably moving 430+ pips to the downside.
As a bonus, crude oil seems to be moving up, while Nikkei falls, effectively boosting this trade, correlation wise.
Will update with my entry and scale ins.
Good luck,
Ivan.
We have a very strong decline after completing what looks like an expanding ending diagonal triangle in the 4h/daily charts.
If price moves below the support level outlined in the chart, it will accelerate down, probably moving 430+ pips to the downside.
As a bonus, crude oil seems to be moving up, while Nikkei falls, effectively boosting this trade, correlation wise.
Will update with my entry and scale ins.
Good luck,
Ivan.
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
相關出版品
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。