📉 The analysis on USDJPY remains bullish, but for now, we're on the lookout for counter-trend trading opportunities. 🔄
📉 The Bearish Fib-3 Bat Pattern at 149.15 offers a potential shorting opportunity, although it may take some time to validate.
📉 Alternatively, a break of the trendline on the 1-hourly chart could provide a more immediate shorting opportunity. We're watching for a retest without violating the trendline.
⚠️ However, the trendline hasn't been convincingly broken yet, as the candlestick failed to close below it.
🔍 USDJPY is currently of lower priority for trading this week.
Share your trade plan! 📊💭
📉 The Bearish Fib-3 Bat Pattern at 149.15 offers a potential shorting opportunity, although it may take some time to validate.
📉 Alternatively, a break of the trendline on the 1-hourly chart could provide a more immediate shorting opportunity. We're watching for a retest without violating the trendline.
⚠️ However, the trendline hasn't been convincingly broken yet, as the candlestick failed to close below it.
🔍 USDJPY is currently of lower priority for trading this week.
Share your trade plan! 📊💭
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🕒 15mins workday for Young Parents
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
🏦 Qualify Junior Analyst within 90days
🎤 Keynote Speaker
Get into our 15mins workday community
discord.gg/AKDr9vPqH7
Live session & Trading Tips on the GO
instagram.com/raynlim/
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.