short on USDJPY
So usdjpy has been moving in a nice channel , it is now very close to a major trendline on the bigger timeframes.
As it was moving towards this trendline in an uptrend ,it broke its uptrending trendline ( on the shorter timeframes ) and is now moving downwards , there are a lot of buyers and sellers in this market right now trading against each other , but i believe this pair is overall moving downwards. As it is close to its trendline this might be a good sell oppurtunity
As it was moving towards this trendline in an uptrend ,it broke its uptrending trendline ( on the shorter timeframes ) and is now moving downwards , there are a lot of buyers and sellers in this market right now trading against each other , but i believe this pair is overall moving downwards. As it is close to its trendline this might be a good sell oppurtunity
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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.