USDJPY $114.00 Or Bust
I have been looking for a mid-term short entry for a while now on UJ and things are starting to line up. Price is being held by a long-term trend line at 114.4 which has been rejected 5 times on the Daily there is also a big Gann level which price is reacting to at 114.00. Retail short sentiment has dropped from a month ago after selling the whole way up, Volume is also building.
Its Still (just) in an upward channel and may try for 114.00+ again which would be a nice short entry. If not a short below 112.1 might do. Looking for 111.4, 110.0 initially. This setup is invalid if the daily closes above 114.5.
Its Still (just) in an upward channel and may try for 114.00+ again which would be a nice short entry. If not a short below 112.1 might do. Looking for 111.4, 110.0 initially. This setup is invalid if the daily closes above 114.5.
Transaction en cours
Note
Another lower high rejection on the daily, setup going to plan entered around 113.37 still looking for 111.30
Note
Trade fermée: cible de profit atteinte
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Publications connexes
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.