USDJPY Short Position
4H Bullish to Bearish Trend Shift: The USDJPY pair has shown a shift from a bullish trend to a bearish trend on the 4-hour chart, which is typically a strong signal of a potential downside move. This trend shift can be confirmed by price breaking a series of higher lows (HL), signaling the start of a bearish move.
Break of Key Trendline: A significant trendline has been broken, further confirming the weakening of the prior bullish trend and the likelihood of the bears taking control.
Break of Key Trendline: A significant trendline has been broken, further confirming the weakening of the prior bullish trend and the likelihood of the bears taking control.
Note
SL hit
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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.