Get started
U.S. Dollar / Japanese Yen
Short

USDJPY Outlook - Bearish Movement

By TraxionInvestments
Now I'm fully convinced that we are headed downwards on USDJPY. Firstly, market-makers trapped a huge chunk of BUYERS by breaking the 144.100 zone. They pushed the price to 144.999, broke my RISING FLAG and now a beautiful HEAD & SHOULDER pattern is distinct. 142.700 is still my 1st target.

Patience is key in this business!!
Chart PatternsForexpriceactionTechnical AnalysisTrend AnalysisUSDJPY
TraxionInvestments

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.