We're long | 13 Febrero 2023

13 Febrero 2023, USD/JPY

We're long

USDJPY has been on a downtrend for the better part of this month. From major wave I,(138.43) to major impulsive wave V,(127.41), the market moved in form of a descending channel. Price breaking above the upper trendline of descending channel signals a change of trend, and as we can see on the chart above the price broke out the upper trendline of this descending channel impulsively and retested in the form of a small descending change, this shows that this pair is buying or will be soon. I expect this pair to buy immediately after the price breaks above the upper trendline of the small descending channel up to 135.14.

Trade Recommendations:

We're long

Bob Stan
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.