USDJPY: Update & Time to Fall! for FX:USDJPY by VasilyTrader — TradingView

Trend Analysis Chart Patterns Wedge dollar yen japaneseyen USD USD (US Dollar) DJ FXCM Index USDJPY Forex forecast

trendanalysis chartpattern wedgepattern dollar yen japaneseyen usd usd-us-dollar usdollar usdjpy forex forecast

snapshot

USDJPY broke and closed below a support line of a rising wedge pattern on 4H.
the breakout is considered to be confirmed and bearish continuation is now expected.

The best place to short the pair is the local expanding area between the last higher low level and broken wedge's support.

goals:
105.1
104.8

✅Join My Telegram Channel: t.me/VasilyTrading

❗️YouTube Channel www.youtube.com/c/VasilyTrader

💰Instagram: www.instagram.com/VasilyTrader/ 💰

✅Facebook: www.facebook.com/VasilyTrading/ ✅

Related Ideas

about USOIL 34

about USDJPY 19

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.