usd/jpy SHORT ITS JUST NUMBERS ...
Hey again , my new analysis for usd/jpy :
Weekly: The price is below the 200 MA so we look for short bias.
The trend may have reversal with evening star from bullish to bearish.
The price is under resistance.
Signal SELL.
Daily : The price is above the 200 MA from middle March.
Area of Value : Below daily resistance. Broke the trend line.
Signal SELL.
H4 : Below 200 MA , under the main and trend resistance .
Its fake out to bullish but the real break its to BEARISH .
H1 fake out .
We target the fib retracement of 110.768 and then the 109.669.
good luck traders.
Weekly: The price is below the 200 MA so we look for short bias.
The trend may have reversal with evening star from bullish to bearish.
The price is under resistance.
Signal SELL.
Daily : The price is above the 200 MA from middle March.
Area of Value : Below daily resistance. Broke the trend line.
Signal SELL.
H4 : Below 200 MA , under the main and trend resistance .
Its fake out to bullish but the real break its to BEARISH .
H1 fake out .
We target the fib retracement of 110.768 and then the 109.669.
good luck traders.
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