The market moves sideways on
USDJPY
1H timeframe. The key level is at 112.885. which market acted as resistance and then after the breakout became the main support. There is a strong selling pressure and it is expected to price will go down. Moreover, price action support this selling idea: Pin bar and doji
USDJPY
1H timeframe. The key level is at 112.885. which market acted as resistance and then after the breakout became the main support. There is a strong selling pressure and it is expected to price will go down. Moreover, price action support this selling idea: Pin bar and doji
Commentaire:
Hit the profit target. Trade clsoed