USDJPY SELL POSITION
Greetings Traders this is my analysis for USDJPY.
From the last chart that had a solid growth we can see that the price is managing itself for a future Downtrend Movement.
I think the price will start a downfall to it might reach our potential target for a Downtrend and for a Sell Position.
After watching the chart it has been forming a head and shoulders pattern.
Potential target should be somewhere near 154.527 stoploss is above the Head and Shoulders pattern near 158.201 key level
Traders make your own analysis before trading.
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From the last chart that had a solid growth we can see that the price is managing itself for a future Downtrend Movement.
I think the price will start a downfall to it might reach our potential target for a Downtrend and for a Sell Position.
After watching the chart it has been forming a head and shoulders pattern.
Potential target should be somewhere near 154.527 stoploss is above the Head and Shoulders pattern near 158.201 key level
Traders make your own analysis before trading.
Please leave a Like,Comment and Follow!
Thank you!
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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.