JPY/USD is in a reversal zone.
This is a great entry point as after a bullish divergence we have an inverted hammer Doji confirming the reversal. currently, JPY/USD is respecting the Ichi cloud but the momentum is building so with the next attempt JPY shall resume this uptrend.
This is a great entry point as after a bullish divergence we have an inverted hammer Doji confirming the reversal. currently, JPY/USD is respecting the Ichi cloud but the momentum is building so with the next attempt JPY shall resume this uptrend.
Note
JPY broke back into the downtrend channel after failing to close over the Ichi cloud.VIRES IN NUMERIS
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VIRES IN NUMERIS
🦦🎢👍🏻
Trend Breakout architect
—> join my free telegram channel ✅🚀✅🚀✅🚀
t.me/cryptosanction
🦦🎢👍🏻
Trend Breakout architect
—> join my free telegram channel ✅🚀✅🚀✅🚀
t.me/cryptosanction
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.