USDJPY continuing the downtrend.
Short currently active.
Multiple timeframes confirming the downtrends also confirmed by the MA's.
Looking for next target at fib level 78.6%. Target 2 to be decided upon at target 1.
Broken through critical level.
Bearish downtrend in place,
also confirmed by the bearish engulfing price action.
**Price action is key**
Short currently active.
Multiple timeframes confirming the downtrends also confirmed by the MA's.
Looking for next target at fib level 78.6%. Target 2 to be decided upon at target 1.
Broken through critical level.
Bearish downtrend in place,
also confirmed by the bearish engulfing price action.
**Price action is key**
Trade active
Trade active as of 2 hours ago.
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.