USDJPY Possible Re-accumulation

I will be looking to short from the current area as I see the last move up (Upthrust) as a bearish signal and false breakout to trick inexperienced traders. There is a lot of unrecovered green space below to be recovered before a push up.

Bình luận:

Looks like price may be moving higher in the coming hours. I will be keeping an eye on the economic news for a possible test of the above supply zone. I am still thinking price will still move down before any other significant movement up will be made.

Bình luận:

Looking out for a potential bull pennant to form