USDJPY-Weekly Market Analysis-May22,Wk3

FX:USDJPY   U.S. Dollar / Japanese Yen
The moment the trendlines have been violated, they can be repurposed as an indication for a shorting opportunity. If you head in for the short, you are taking the counter-trend move or trend reversal move. Do note that trend reversal happens only once or twice out of ten times. Do take a conservative approach if you have that trading plan.

There are two-level that traders can take note of, the blue box that indicates the buy zone and the Bullish Shark Pattern completion at 124.28.

DM me if you want to learn the right skills to analyse the market and no longer rely on others for profits.

Join our Official Telegram Group, & receive
- 3 Weekly Video Analysis
- 3 Weekly Written Analysis
& more...

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.