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
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
