U.S. Dollar / Japanese Yen

Short

Updated

USDJPY - Potential short

USDJPY forming potential reversal pattern (AB=CD) on the 15 min chart. Price is near 4H supply zone as well. Target red trend line on any short. GL!

Note

ABCD invalid

Note

Comments in hindsight--Short selling started, but the A point should have originated at the 4:00 candle (with the swing high as point B). My fault on the 20 pip slippage on this analysis. :/

Note

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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.