USDJPY has reached major structural resistance and the upper border of the ascending channel. Then it dropped from there.
Price action created a gap. Usually, the market fills the gap. Currently, it is pulling back to fill the gap.
A false break is going to be an ideal short entry signal. We can see the price droped from this level before.
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Share your opinion in the comments and support the idea with like. Thanks for your support!
Price action created a gap. Usually, the market fills the gap. Currently, it is pulling back to fill the gap.
A false break is going to be an ideal short entry signal. We can see the price droped from this level before.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
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.
90% accuracy in telegram
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
🔻FREE Telegram channel🔻
t.me/DeGRAMChannel
Crypto signals in telegram
@DeGRAMCrypto
Related publications
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.