USD/JPY Breaking the Consolidation
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🔸 4H CHART EXPLANATION:
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🔸Price has been a little choppy for the last weeks, moving aroung the Resistance Zone without clear direction.
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🔸Now, it has broken the Ascending Trendline.
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🔸We consider that it has potential to reach the Support Zone.
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🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price has been a little choppy for the last weeks, moving aroung the Resistance Zone without clear direction.
.
🔸Now, it has broken the Ascending Trendline.
.
🔸We consider that it has potential to reach the Support Zone.
.
🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
Komen
Price made a strong downside move since we posted this idea.
Penafian
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