The USDJPY pair is on a bearish trend after failing to break Resistance (1).
There is a Rising Support since the January 16th Low and if broken can lead to a Rectangle creation.
Trading Plan:
1. Sell if the price closes a (1d) candle under the MA50 (1d).
2. Sell again if it closes a (1d) candle under the Rising Support.
Targets:
1. 132.000 (the Rising Support).
2. 130.000 (Rectangle bottom).
Tips:
1. RSI (1d) being under its MA line is an early bearish signal before the MA50 (1d) validates it.
Please like, follow and comment!!
Notes:
Past trading plan:

There is a Rising Support since the January 16th Low and if broken can lead to a Rectangle creation.
Trading Plan:
1. Sell if the price closes a (1d) candle under the MA50 (1d).
2. Sell again if it closes a (1d) candle under the Rising Support.
Targets:
1. 132.000 (the Rising Support).
2. 130.000 (Rectangle bottom).
Tips:
1. RSI (1d) being under its MA line is an early bearish signal before the MA50 (1d) validates it.
Please like, follow and comment!!
Notes:
Past trading plan:

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Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
