Hey traders,
USDJPY recently broke and closed below a support line of a major rising channel on a daily.
Now we see the retest.
On the chart, I underlined a blue area that is considered to be a potential strong zone of supply.
To catch a bearish move, pay close attention to a rising wedge pattern on 1h.
Its bearish breakout will be a trigger for us to short.
First goal will be 110.0
Remember that in case if the price violates a blue area to the upside,
the setup will be invalid.
โค๏ธPlease, support this idea with a like and comment!โค๏ธ
์ฝ๋ฉํธ:
Check my new analysis on USDJPY:
โ
Join My Telegram Channel: t.me/VasilyTrading
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ
โ๏ธYouTube Channel www.youtube.com/c/VasilyTrader
๐ฐInstagram: www.instagram.com/VasilyTrader/ ๐ฐ
โ Facebook: www.facebook.com/VasilyTrading/ โ