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KianHamer
Jan 10, 2020 1:18 PM

USDJPY Short

U.S. Dollar/Japanese YenFXCM

Description

at very strong resistance on the hourly chart, very similar to previous market structure and patterns. The strong seemingly unbreakable resistance zones along with these previous pattern match, leads me to believe we will shortly see a downwards move for UsdJpy. i believe that not only wil it go down to the nearest support zone and touching the corresponding trend line, i think that it will have enough momentum to break and push further down.
10-01-2020
Comments
john-19
Short mon,Tuesday. Wensday Thursday Friday bullish trend untl end of week after next. Bullish bullish. Breaking support /resistance levels. Big supply will be handed over from bears to bulls! Keep a big watch out!
nileshdesai83
My analysis yesterday shows the same thing, but on 4hr chart, it this breaks the 23.6 Fib level, then you're right, could be a further down trend.
sharkster8169
This looks absolutely, quality. I'm going to keep an eye on this thank you.
TheForexNerd
great analysis
john-19
Here we go with a big drop :)
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