USDJPY | Losing Strong Horizontal Support Zone
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Initiate Short.
Entry - 107.833
TP1 - 104.621
TP2 - 100.161
TP3 - 94.184
SL - 108.725
Reason: The price formed a symmetrical triangle and reasons for it to be broked downward are: Price losing strong horizontal support also Pivot Point and Ichi Cloud support.
-Please consider entering the breakout of a Symmetrical Triangle, or at least the price confirms the lost of strong horizontal.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Initiate Short.
Entry - 107.833
TP1 - 104.621
TP2 - 100.161
TP3 - 94.184
SL - 108.725
Reason: The price formed a symmetrical triangle and reasons for it to be broked downward are: Price losing strong horizontal support also Pivot Point and Ichi Cloud support.
-Please consider entering the breakout of a Symmetrical Triangle, or at least the price confirms the lost of strong horizontal.
Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not a Financial Advise.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Join this telegram channel to see more ideas:
t.me/anputeam
Twitter account:
twitter.com/anputeam
t.me/anputeam
Twitter account:
twitter.com/anputeam
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.