DLavrov
Short

USDJPY - How to Trade

FX:USDJPY   U.S. Dollar / Japanese Yen
The market moves in the uptrend. The price reached the resistance level and we should be ready to see a correction movement. If the price bounces from the resistance zone , It will be possible to open short trades based on lower timeframes. The market will have a target at the support zone formed by SMA50, SMA100, 111.00 support level and the uptrend line. This zone will be able to stop and reverse the market in the direction of the main uptrend. In this zone, we will be able to get a new buy opportunity.
LIVE STREAMS ABOUT TRADING! NEW VIDEO EVERY WEEK! SUBSCRIBE >>> https://youtube.com/c/tradunity

Join us in Discord >>> https://discord.gg/Fj36q7a
I'm long this pair...I see a very clear Inverse Head and Shoulders on a 4Hour and Daily...its one of the only pairs going sideways during this USD strength.
Reply
DLavrov MattArmstrong
@MattArmstrong, it can be possible to be long in this market, but where you can see iH & S chart pattern?
Reply
@DLavrov, inverse 4 hour. and also on daily
https://www.tradingview.com/chart/e5DGubnU/
Reply
DLavrov MattArmstrong
@MattArmstrong, This chart layout can't be opened
Reply
DLavrov MattArmstrong
@MattArmstrong, This chart layout can't be opened
Reply
@DLavrov, follow me and I'll send you the chart direct message.
Reply
NicolasBourbaki MattArmstrong
@MattArmstrong, don't know that it's a short, but I personally do not see it as a long
Reply
MattArmstrong NicolasBourbaki
@NicolasBourbaki, It's a tough one I agree, maybe best to just sit on our hands for this one. Thursday April 19th, hard to see almost every other USD gain strength and this one travel sideways.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out