Hey tradomaniacs,
welcome to an outlook for USD/JPY.
We were retesting the daily trendline with a strong bearish reaction and are waiting for the market to retest this price-zone.
This is a very nice chance to follow the primary trend and would give us a great risk-reward-ratio.
Still it is important to see a confirmation for this setup since a potential S/H/S-inverse could cause a break above the trendline for more bullish momentum.
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LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
welcome to an outlook for USD/JPY.
We were retesting the daily trendline with a strong bearish reaction and are waiting for the market to retest this price-zone.
This is a very nice chance to follow the primary trend and would give us a great risk-reward-ratio.
Still it is important to see a confirmation for this setup since a potential S/H/S-inverse could cause a break above the trendline for more bullish momentum.
-----------------------------
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.