U.S. Dollar / Japanese Yen

Short

USDJPY: Overbought Market & Pullback 🇺🇸🇯🇵

By VasilyTrader

Updated

snapshot

Hey traders,

After a sharp bullish rally, USDJPY reached a major rising trend line on 3 days time frame.
I will expect a bearish move from that.

The first goal will be a rising trend line that serves as a local support on 4H,
in case of its bearish breakout the second goal will be 115.0 level.

❤️Please, support this idea with like and comment!❤️

Comment

Check my new analysis on SILVER:

SILVER (XAGUSD): Breakout & Bearish Continuation 🪙

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel youtube.com/c/VasilyTrader

💰Instagram: instagram.com/VasilyTrader/ 💰

✅Facebook: facebook.com/VasilyTrading/ ✅

Also on:

Related publications

USDCHF: Preparing For a Bearish Wave 🇺🇸🇨🇭

by VasilyTrader

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.