USDJPY is trading inside a Falling Megaphone pattern.
Every 4hour MA50 test since Nov 16th has been a sell signal, with the price action producing 5 so far.
Sell on the next near test. Target the dashed line at 140.000, which is also near the 1 year Rising Support.
Previous chart:
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Every 4hour MA50 test since Nov 16th has been a sell signal, with the price action producing 5 so far.
Sell on the next near test. Target the dashed line at 140.000, which is also near the 1 year Rising Support.
Previous chart:
Follow us, like the idea and leave a comment below!!
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thecryptagon.com covers news & insights on global markets (crypto, forex, stocks, commodities)
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.