USDJPY Potential CTL Retest
I’ll be watching UJ along with US Equities & Gold to gauge whether or not this setup is truly risk off.
Ultimately, it is likely to bounce before a larger countertrend move to the downside. If no immediate rejection from the zone identified takes place, shorts could get rekt.
Whether up or down, a setup should materialize. Short term bullish, medium term bearish is what I’m thinking.
Side note:
We have Cheeto Bandito in the Whitehouse with dusty hand puppet Jerome Powell going absolute full send hyperinflation (QE )straight into equity futures.
Ultimately, it is likely to bounce before a larger countertrend move to the downside. If no immediate rejection from the zone identified takes place, shorts could get rekt.
Whether up or down, a setup should materialize. Short term bullish, medium term bearish is what I’m thinking.
Side note:
We have Cheeto Bandito in the Whitehouse with dusty hand puppet Jerome Powell going absolute full send hyperinflation (QE )straight into equity futures.
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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.