USDJPY - Double bottom stop raid (T: ~111.50)
USDJPY - SHORT
USDJPY has recently taken the clean stops that we had sitting at 114.80. Breaking and retesting into a daily support level at ~115.30.
This being said, we've also had a nice rejection off of the 4 hour 20EMA.
Ideally, I'd like to see USDJPY head for our double bottom, break and retest the support level at ~113.75 and head for ~111.75.
I'd like to see this play out over the next two weeks, looking to take a short position providing price breaks down around our next S/R level.
4:1.
USDJPY has recently taken the clean stops that we had sitting at 114.80. Breaking and retesting into a daily support level at ~115.30.
This being said, we've also had a nice rejection off of the 4 hour 20EMA.
Ideally, I'd like to see USDJPY head for our double bottom, break and retest the support level at ~113.75 and head for ~111.75.
I'd like to see this play out over the next two weeks, looking to take a short position providing price breaks down around our next S/R level.
4:1.
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.