USDJPY Daily Short Setup
Based on Daily chart, USDJPY is currently hovering around 38.2% of a downtrend retracement.
Yesterday's long-legged spinning top pattern with the rising wedge pattern added to the bearish opinion.
Strategy to short USDJPY with stops near 138.7 for at least 1:1 risk-reward ratio.
Yesterday's long-legged spinning top pattern with the rising wedge pattern added to the bearish opinion.
Strategy to short USDJPY with stops near 138.7 for at least 1:1 risk-reward ratio.
Trade active
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.