X5
Short

USDJPY H1 short trade still active

X5  
FX:USDJPY   U.S. Dollar/Japanese Yen
58 0 0
Price advanced trough the bearish ABCD detected in H4 chart. I get the same on H1 chart, but another bearish ABCD pattern emerges and suggest a brief lift in the price, but the downtrend remain a little bit more.

The bullish divergences (STO 13,3,5) on D1 and H4 charts warning the end of the downtrend… Although, there is no bar reversal pattern yet.

I remain the short trade active, moving SL to 116.96 just in case… if the bearish ABCD pattern is confirm on H1 chart, it could give another short trade opportunity.

Note: blue lines correspond to H4 chart analysis ( bearish ABCD pattern)
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out