بيع
A simple short setup
USDJPY has reached to to upper channel of a mini ascending channel within it's main weekly up-trend channel, currently at point of forming either double top or ascending wedge pattern if rises a bit higher.
The price is also at a key resistance level in history.
Since the RISK on lower times have all reached to its over bought level, I expect the price to go down a bit in short term, although remain up beating in the long run.
Entry: You may want to wait if the price can go any higher - as there's a potential the price can go higher hitting the edge of the mini-trend line
SL: above the key resistance level 110.6 , however better to be above 110.71 which is much safer
TP: fib based, within the rising wedge, it's possible to drop further if enough powder
GL.
The price is also at a key resistance level in history.
Since the RISK on lower times have all reached to its over bought level, I expect the price to go down a bit in short term, although remain up beating in the long run.
Entry: You may want to wait if the price can go any higher - as there's a potential the price can go higher hitting the edge of the mini-trend line
SL: above the key resistance level 110.6 , however better to be above 110.71 which is much safer
TP: fib based, within the rising wedge, it's possible to drop further if enough powder
GL.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.