U.S. Dollar / Japanese YenUpdated USDJPY BEARISH SCENARIO??
Price has touched the oct 18 down-trend channel and fell to 107.80 in two waves. So now my thoughts are that we could see a third wave down maybe to 107.00! Lets see!
Any thoughts?
Want to disscuss this analysis with me and more traders? join us on Telegram!!
t.me/tradingbayfx
Any thoughts?
Want to disscuss this analysis with me and more traders? join us on Telegram!!
t.me/tradingbayfx
Note
Price is sitting below 108.50, if we see some bearish candle formation, we going in scenario B! If daily close above 108.50, we might consider going longNote
Fundamental messed the setup, but we managed to take some profit when it spiked down to 107.80! Will update soon
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.