OraclePips

USDJPY UPDATE: SELLING

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
Currently, we notice that the language of USDJPY IS NOW CHANGING: THE MARKET STRUCTURE IS CHANGING FROM HIGHER HIGHS TO HIGHER LOWS. That is how we read the market chart to gain an edge over the market. Don't buy it now. Instead, wait if you know you are not sure of what to do. Wait for the breakout to the downside because the pressure from BEARS is high.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.