Hi trader,
USDJPY has shown a bearish trend in the daily Time frame by crossing the up trend line. after performing several clear impulses and corrections waves as you can see on the chart, USDJPY potential reach with daily supply and continue slide down toward waves 5th.
This trading plan won't be longer valid if the USDJPY's price closed beyond daily Supply, Cheers.
Please, share your support with like and share your idea in the comment below. Cheers
USDJPY has shown a bearish trend in the daily Time frame by crossing the up trend line. after performing several clear impulses and corrections waves as you can see on the chart, USDJPY potential reach with daily supply and continue slide down toward waves 5th.
This trading plan won't be longer valid if the USDJPY's price closed beyond daily Supply, Cheers.
Please, share your support with like and share your idea in the comment below. Cheers
Trade closed manually
Closed at H4 RBR areaNote
Because UJ daily candle is strong bullish
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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.