bruzzese1
Short

USDJPY in a wedge, could pop very soon

FX:USDJPY   U.S. Dollar/Japanese Yen
65 0 7
I believe this pair will make a move soon as the wedge gets narrower between the blue and red lines. I think we are in a corrective structure from the sharp drop in late april and will make another large down move soon.

Divergence on MACD
0.786 Fib retracement

Waiting for a break of the red or blue line to go either long or short, but as I said, I favor the downside. Thanks, Good Luck!
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener 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