USDJPY is testing a resistance zone which was tested in the 1998.
Orders are placed at those levels by major institutions that are selling by market and those that have bought and are taking profits right now. Notice big bearish candles.
Price is pulling back to resistance and we can see deceleration. Candles are getting smaller.
We will see massive sell-offs.
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Orders are placed at those levels by major institutions that are selling by market and those that have bought and are taking profits right now. Notice big bearish candles.
Price is pulling back to resistance and we can see deceleration. Candles are getting smaller.
We will see massive sell-offs.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.