Pattern: Channel Down on 1D.
Signal: Sell as the rejection pattern on the 1D MA50 (blue trend-line) has been very consistent since July. Also the RSI is hitting the 4 month Resistance.
Target: 102.300 (1.382 Fibonacci extension).
Most recent USDJPY trade:
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Signal: Sell as the rejection pattern on the 1D MA50 (blue trend-line) has been very consistent since July. Also the RSI is hitting the 4 month Resistance.
Target: 102.300 (1.382 Fibonacci extension).
Most recent USDJPY trade:
** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **
--------------------------------------------------------------------------------------------------------
!! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !!
🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingSafely
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💰Free Channel t.me/tradingshotglobal
🤵Contact info@tradingshot.com t.me/tradingshot
🔥New service: next X100 crypto GEMS!