We're short | 22 Junio 2023
22 Junio 2023, USD/JPY
USDJPY is currently bearish. The price reversed and formed a double-top pattern at the zone around 142.24. This formation is typically regarded as a bearish reversal pattern, which, combined with the ongoing corrective phase, strengthens the sell confirmation. Based on this analysis, it may be appropriate to consider entering a sell order. To set your trade parameters, you can place a sell order with a take profit target set at 139.11, which aligns with the projected target for the completion of the minor wave "a" in the corrective phase.
Trade Recommendations:
We're short
The author's opinion reflects their personal view and is not an investment recommendation. The company is not responsible for any trading results based on the provided analytical data.
