USDJPY MOMENTUM HIGH FAILURE?
Daily Outlook is Bullish H&S Reversal pattern but not yet complete.
Hourly Momentum high @ 108.62, has failed to continue higher.
Daily Resistance is @ 108.45 area which has been tested once today, a break below 108.45 will intensify more selling in the usdjpy pair.
Hourly Momentum high @ 108.62, has failed to continue higher.
Daily Resistance is @ 108.45 area which has been tested once today, a break below 108.45 will intensify more selling in the usdjpy pair.
Kommentera:
So, USDJPY is luring more buyers in. This is a normal reaction and the most attractive postion is to short this pair. I will keep udating this trade. Best area to short is 108.45
Handel aktiv:
SELL NOW.
SL = 108.93
SL = 108.93
Kommentera:
Downside Momentum?
