USDJPY - FURTHER DOWNSIDE COMMING?
IT FAILED TO CREATE A HIGHER HIGH.
PRICEACTION TELLS A SHIFT FROM BUYERS TO SELLERS IN A PINBAR CANDLE.
20 EMA IS ACTING AS RESISTANCE ALSO HISTORICAL RESISTANCE LEVEL.
PRICEACTION TELLS A SHIFT FROM BUYERS TO SELLERS IN A PINBAR CANDLE.
20 EMA IS ACTING AS RESISTANCE ALSO HISTORICAL RESISTANCE LEVEL.
Note
If it closes with a bullish pin bar it probably fails to create a lower low. Aswell I do realize that the bearish trendline is broken.
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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.