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AlgoVenture

USDJPY: Trend Reversal, Broke of Rising Structure

Singkat
Dolar A.S. / Yen Jepun (FX:USDJPY)  
AlgoVenture  
FX:USDJPY   Dolar A.S. / Yen Jepun
Trend Analysis Chart Patterns USDJPY usdjpyshort usdjpysell yen dailyforecast dailyanalysis dlifestyletrader tradingsignals
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trendanalysis chartpattern usdjpy usdjpyshort usdjpysell yen dailyforecast dailyanalysis dlifestyletrader tradingsignals
Just when we are ready to follow the trend and continue to buy, a strong supply came in and near the 4-month supply zone.
The price has broken below a 1-month rising trendline as well as the bottom of a range, and it is even clearer if we look at the strong bearish candle in the Day chart.
The structure has changed into a bearish market and the price has also retraced to the bottom of the range which is a good price to sell now.

Idea Berkaitan

AlgoVenture
USDJPY: Follow the Trend and Buy the Retracement
Penafian

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