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REDBULLFrx
Jul 16, 2021 10:16 PM

POSSIBLE BEARISH SETUP 

U.S. Dollar/Japanese YenFXCM

Description

BEGINNER 1st PUBLISH - Ideas/Opinions Welcome.

- On the DAILY time-frame seeing a breakout of a JAN-JULY uptrend @ level 110.000 Bearish push DOWN the 200 MA.

- 1 HR time-frame shows a rejection to the downside continuing bearish towards 110 levels.

-Being patient here and waiting for a clear bearish push past this key level for a better setup.

- Any opinions, ideas and tips are very much indeed welcome. First time publishing my analysis so go easy! :)
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