USDJPY 1hour Analysis December 10th, 2020
Price has come back to our weekly level around 104.57. We are looking for bearish engulfing here and more continuation to the downside. Our next entries will be a break and retest of our supporting trendline. Wait for price to break below the 200MA on the 1h timeframe. We will look for a clear LH there.
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.