USD/JPY Looking to Sell?
According to my observations, it is evident that this pair is hitting a strong resistance point. That being said, i am waiting for the break of the lower level of consolidation zone. Once i see there is a break/ retest of said level, i will enter while placing a stop at the top of the consolidation zone. If prcice breaks the upper consolidation for a continued push upwards, i will most likely adapt to market conditions and consider a buy
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.
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.