USDJPY
1.USDJPY is in a major downtrend.
2.THe downtrend is indicatef by a series of LHs & LLs.
3.The market is in a declining channel.
4.The price is reacting from the declining restistance trendline.
5.We took a Sell because the price has indicated a reaction from the resistance trendline.
2.THe downtrend is indicatef by a series of LHs & LLs.
3.The market is in a declining channel.
4.The price is reacting from the declining restistance trendline.
5.We took a Sell because the price has indicated a reaction from the resistance trendline.
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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.