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Market-Destroyer
Apr 10, 2024 5:44 AM

USD JPY Why is It sell setup? Short

USD/JPYOANDA

Description

Hello
How are you ?
We have Double Top
And penetration of Neck
So l respect the selling

Comment

what are you expecting ?
Comments
ICmarkets
The sell zone looks solid as the price has been respecting it multiple times in the past. I suspect the price is below the 61.8% Fibonacci retracement, which is a good sign of bearish momentum coming to the market. Let's see how this works out. I'll keep an eye on it.
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