USDJPY is forming a Head and Shoulders pattern right on the 0.618 Fibonacci level.
That, along with the 1day MA200 which had the last major rejection (March 8th) are the ideal sell entries.
Target Support A (129.700) on the short term. The long term target can be much greater.
Previous chart:
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That, along with the 1day MA200 which had the last major rejection (March 8th) are the ideal sell entries.
Target Support A (129.700) on the short term. The long term target can be much greater.
Previous chart:
Follow us, like the idea and leave a comment below!!
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TheCryptagon offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
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.