TradingView
MatTheCat
Feb 5, 2021 11:27 AM

USDJPY, What goes up, must go back down (at least a bit) Short

U.S. Dollar/Japanese YenFXCM

Description

Overextended breakout rally, running into high volume resistance level. Long positions will start exiting here, and shorters will start selling. Entry is an conglomeration of Fib extension and retracement levels (not shown), a PoC on previous consolidation, and notch in visible Volume profile.
More