miguelmxlo
Short

USDJPY SELL: Weekly, Daily & 4hr, Multiple timeframe analysis

FX:USDJPY   U.S. Dollar / Japanese Yen


USDJPY THESIS

- USDJPY W: Price found support at 109.80 with huge wick rejection after a break of 110.90. Bias overall bearish .

- USDJPY D: There has been a daily break of weekly & daily level 109.70. Now expect a fall down to 108.60.

- USDJPY 4hr: After break of 109.70 now looking for a pull back into level for retest then a sell off on the cards to 108.60.
Appreciated your information miguelmxlo; before read your insightful information I think the downtrend is finish soon and could rebound rapidly "I don't means today" Thank you so much =D
Reply
@ICEKI, Yes i think it will end after the double top on the weekly timeframe is complete :)
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions 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