fxmentorbd

USD/JPY: Possible to create short-term Bearish ABCD Pattern.

FX:USDJPY   U.S. Dollar / Japanese Yen
I think usd/jpy             pair possible to create short-term bearish ABCD pattern near 121.85-90 level. Where we may find some short position opprotunity. After retest those level, If we take short position from those point, our profit target is set near 121.00-120.465 and our stop loss should be 30 pips.

If its breaks upper 121.887 resistance level , I think its goes more upward mode which may be 124-125 level. Let's see what happend !!!

Best of luck. Happy trading
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out