Anbat
Short

USDJPY- Long-term Bearish

FX:USDJPY   U.S. Dollar/Japanese Yen
97 1 5
For Your Information Only:

Since beginning of this year the bearish major trend on USDJPY             1 day chart has been in going on. Three times PRICE ACTION             has hit the top of trend line and then dropped down (see yellow circles). Every time on RSI PA goes above 50 line it then drops in a bearish direction. Last three days have been bullish or green candlesticks , so early next week will be on shorter time frames trading bullish , BUT looking for REVERSAL patterns on 1 hour or 15 min time frames (like harami, pin-bar and/or engulfing chart patterns). Until green major trend line on chart is broken above, major direction change is still bearish . Shorter time frame charts just continue to trade with trend noted and support/resistance areas.
Thanks for the chart...
Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out