USDJPY: Key Level & Your Plan to Short ๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฏ๐Ÿ‡ต

ืžืขื•ื“ื›ืŸ
ืชืžื•ื ืช-ื‘ื–ืง

Hey traders,

USDJPY reached a year's high.
Being a major key level, we will try to catch a pullback from that.

111.6 - 111.8 is our potential reversal zone.
The confirmation that we are looking for is a bearish violation of a rising parallel channel on 2H time frame.
That will be a trigger for you to short.

First support will be 110.84

In case of a bullish breakout of the underlined structure on a daily,
the setup will be invalid and further bullish continuation will be expected.

โค๏ธPlease, support this idea with like and comment!โค๏ธ
ื”ืขืจื”
Watch my new video on USDJPY:
japaneseyenjpyMultiple Time Frame AnalysisParallel ChannelSupport and ResistanceUSDUSDJPYDJ FXCM Indexyen

โœ…Join My Telegram Channel: t.me/VasilyTrading

โ—๏ธYouTube Channel youtube.com/c/VasilyTrader

๐Ÿ’ฐInstagram: instagram.com/VasilyTrader/ ๐Ÿ’ฐ

โœ…Facebook: facebook.com/VasilyTrading/ โœ…
ื’ื ืขืœ:

ืคืจืกื•ืžื™ื ืงืฉื•ืจื™ื

ื›ืชื‘ ื•ื™ืชื•ืจ