USD/JPY SELL
In the weekly and daily time frame I can see that the price is in a downtrend.
I can see that the price is respecting the pink trend line and the interacting points are shown by the golden ellipses.
From the hourly time frame I can see that the price has broken above the Dark Green trend line, bouncing back to the trend line and then increasing to a resistance level.
By this I can tell that the price is rising and will continue to increase until it hits the Pink trend line. Once the price reaches the Upper Pink trend line i expect the sellers to take control and decrease the price until it reaches the lower Pink trend line. This movement is shown by the grey path that I've drawn.
I can see that the price is respecting the pink trend line and the interacting points are shown by the golden ellipses.
From the hourly time frame I can see that the price has broken above the Dark Green trend line, bouncing back to the trend line and then increasing to a resistance level.
By this I can tell that the price is rising and will continue to increase until it hits the Pink trend line. Once the price reaches the Upper Pink trend line i expect the sellers to take control and decrease the price until it reaches the lower Pink trend line. This movement is shown by the grey path that I've drawn.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.