USDJPY Short
I am currently in a short position for USDJPY reason being I see a bullish Pennant that has been forming since March of 2017. On the Daily there is a strong doji pattern at my current Monthly Resistance. Along with the candlestick pattern, and the monthly resistance there is also a strong trendline that has been respected twice hoping it will be respected once more going down, before ultimately going higher. For now I believe it is a short
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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.