Hello fellow traders,
An interesting setup may be at hand for a USDJPY short on market, I just shorted it few hours ago.
The chart explains it all, however, here is the list of reasons in bullet points:
I am looking for further downside and a first target at 107.00. And second target at 105.10.
Lets see how the trade setup progress. Always remember that even the best setups fail sometimes.
Looking forward for you comments.
Best
Tech
An interesting setup may be at hand for a USDJPY short on market, I just shorted it few hours ago.
The chart explains it all, however, here is the list of reasons in bullet points:
- Major horizontal resistance cluster area.
- 200-days simple moving average resistance.
- Potential rising wedge pattern.
- Shooting star candlestick at resistance area.
- Bearish engulfing candlestick.
- Double top pattern completed.
- And finally, bearish divergence on RSI.
I am looking for further downside and a first target at 107.00. And second target at 105.10.
Lets see how the trade setup progress. Always remember that even the best setups fail sometimes.
Looking forward for you comments.
Best
Tech
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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。