Above is the breakdown of USDJPY. In this UJ analysis, I will be breaking down why am I looking for some short-term to long-term bearish reversal as the market approached 114.50 multi-year highs, formed a bearish reversal candlestick pattern with over-extended condition. If the bearish momentum is strong, we're looking to capitalize on the reversal setup with 112.50 & 110 as our targets.
If you enjoy the content, make sure you follow my profile and give me a thumbs up for daily fx forecast & educational content.
Trade safe and take care.
If you enjoy the content, make sure you follow my profile and give me a thumbs up for daily fx forecast & educational content.
Trade safe and take care.
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.
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.