USDJPY SHORT 200 PIPS!!!
3 On mt4
Hitting support line
Divergence 1hr
3's up to daily *
Long term downtrend
Divergence Daily
Was forming steady HH, HL, till it shot down.
All USD pairs are showing signs for reversing long.
Since it is Friday once the trading week begins again most likely the pair will continue with the trend till it hits the trend line then we will see it reverse.
Longer term I am seeing strong reversal signs, it will be a good buy soon, but for now since we aren't seeing any setups we can only assume it's still going with the trend.
Keep in mind THIS IS NOT A TRADE I WOULD TAKE, analysis is showing signs for a long position, but until we see a valid set up, it is best to continue to go with the trend.
Hitting support line
Divergence 1hr
3's up to daily *
Long term downtrend
Divergence Daily
Was forming steady HH, HL, till it shot down.
All USD pairs are showing signs for reversing long.
Since it is Friday once the trading week begins again most likely the pair will continue with the trend till it hits the trend line then we will see it reverse.
Longer term I am seeing strong reversal signs, it will be a good buy soon, but for now since we aren't seeing any setups we can only assume it's still going with the trend.
Keep in mind THIS IS NOT A TRADE I WOULD TAKE, analysis is showing signs for a long position, but until we see a valid set up, it is best to continue to go with the trend.
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