Hi all,
Here we have the USD/JPY, hopefully, just a simple short decent down and gain a few pips! As you can see this looks like a bearish trend with a downward redline and a strong bearish impulse down, there seems to be a small consolidation with a good rejection of price still indicating a downward trend,
a good entry point would be somewhere near the red trend line if your a more conservative trader,
** THIS IS MY OWN OPINION AND NOT FINANCIAL ADVICE - THIS IS FOR EDUCATIONAL PURPOSES AND MYSELF AND OTHERS TO SHARE KNOWLEDGE ABOUT TRADING **
Good luck to all and trade safe!
L
Here we have the USD/JPY, hopefully, just a simple short decent down and gain a few pips! As you can see this looks like a bearish trend with a downward redline and a strong bearish impulse down, there seems to be a small consolidation with a good rejection of price still indicating a downward trend,
a good entry point would be somewhere near the red trend line if your a more conservative trader,
** THIS IS MY OWN OPINION AND NOT FINANCIAL ADVICE - THIS IS FOR EDUCATIONAL PURPOSES AND MYSELF AND OTHERS TO SHARE KNOWLEDGE ABOUT TRADING **
Good luck to all and trade safe!
L
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.