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imktads
Jan 26, 2024 12:24 PM

USDJPY - Future Sell off (Monthly TF) Short

FX:USDJPY1M
U.S. Dollar/Japanese YenFXCM

Description

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USD/JPY - Monthly Bearish Cycle

We expect USD/JPY start selling on "ENTRY AREA" (123.900-171.434).

We consider safe selling entries the points: A, B, C towards TP area (76.000)

TP Area closes the Monthly Bearish Cycle.
Support and ResistanceSupply and DemandMultiple Time Frame Analysis
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