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AlgoVenture
26 אפר׳ 2019 06:36

USDJPY: Trend Reversal, Broke of Rising Structure שורט

U.S. Dollar/Japanese YenFXCM

תיאור

Just when we are ready to follow the trend and continue to buy, a strong supply came in and near the 4-month supply zone.
The price has broken below a 1-month rising trendline as well as the bottom of a range, and it is even clearer if we look at the strong bearish candle in the Day chart.
The structure has changed into a bearish market and the price has also retraced to the bottom of the range which is a good price to sell now.
עוד