Decodingthemarket

#USDJPY Is Doing it Again

Panjang
FX:USDJPY   Dolar A.S. / Yen Jepun
Price moves within the symmetric triangle
respecting support and resistance from July
approaching the apex getting the possibility for a big break out to the upside or down side
in the meantime we have a posible setup to go long
on the other hand when RSI touches the 30's (over sold level) price rebounds to the upside breaking above the 200MA (Extension Yellow Line)
Just Waiting to see price fake a break bellow the lower tringle line retesting recent lows
Risk/Reward Ratio of 2.6

NFA

Hope to See your Likes 👍 to Support My Work
To Follow All My Ideas Go to My Profile and Select the Follow Green button 😁
See You In the Next one!

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.