USD JPY Short Side Trade For Shore Term
On the 4-hour timeframe,
USD/JPY has shown a significant breakdown. The current internal structure favors a short-side trade. Looking at the 15-minute timeframe, the currency pair is following a trend line and aligning with the Fibonacci Golden Zone.
There's a strong likelihood of rejection between the range of 148.020 to 148.150. However, there's also a possibility of a breakout leading to a trend reversal, signaling a move towards the long side.
The decision for a short-side trade hinges on how the market reacts at the rejection level. If we observe a rejection, it may present an opportunity for a short-side trade."
USD/JPY has shown a significant breakdown. The current internal structure favors a short-side trade. Looking at the 15-minute timeframe, the currency pair is following a trend line and aligning with the Fibonacci Golden Zone.
There's a strong likelihood of rejection between the range of 148.020 to 148.150. However, there's also a possibility of a breakout leading to a trend reversal, signaling a move towards the long side.
The decision for a short-side trade hinges on how the market reacts at the rejection level. If we observe a rejection, it may present an opportunity for a short-side trade."
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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.
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.