Downside breakdown USDJPY
Yen broke a reversal pattern and decided to make a breakout to 140. This is a strong support level from which I expect a local rebound on upward correction. On options, this scenario is also confirmed, considering that today is the expiration of monthly options. The margin is also a bit higher, ideally make a false breakdown down and then look for a culmination on a corrective buyback.
Yen broke a reversal pattern and decided to make a breakout to 140. This is a strong support level from which I expect a local rebound on upward correction. On options, this scenario is also confirmed, considering that today is the expiration of monthly options. The margin is also a bit higher, ideally make a false breakdown down and then look for a culmination on a corrective buyback.
FOREX|СМЕ - t.me/newwavetrade
Crypto - t.me/kovachcrypto
Crypto - t.me/kovachcrypto
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FOREX|СМЕ - t.me/newwavetrade
Crypto - t.me/kovachcrypto
Crypto - t.me/kovachcrypto
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.