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zaglobaK
Apr 15, 2022 7:43 AM

Short term oportunity for shorting ? Short

U.S. Dollar/Japanese YenFXCM

Description

This is not recomendation. This is something which I see on the market right now. What do You think ? Could drop a little bit to the suport levels which I've painted on the diagram ?
Whole idea is based only on the very short term resistance/suppoorts levels. They can be seen better on 1m market instead of 15m
Comments
honoriuc
I think it might drop a little, to 126.30 maybe.
zaglobaK
I hope so @honoriuc,
Anyway I think that will rise again up to 127.11 or 127.500 (last resistance from few years ago). I'm thinking about this levels to shorting with more volume. What do You think about those levels? Which is more possible ?
I wonder if fundamentals are ok for trend reversal...
zaglobaK
who is also trading usdjpy right now in this vacation/easter time? :)
sopina-ff0oc
@zaglobaK, yas I Trading usdjpy
zaglobaK
@sopina-ff0oc, I gave up. Moved the SL to break even.
Today is not good day. Spreads are very high and I don't think we will see any bigger move today. It's Easter holiday in many countries.
sopina-ff0oc
@zaglobaK, Yes, today was a bad day
Khakimov90
pair should fall soon
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