USDJPY - Weekly Market Analysis - August 2018, Week 4 ショート

U.S. Dollar/Japanese YenFXCM

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⋅ 2018年8月22日午前6時13分

Overall Trend for USDJPY still is a bullish move, at least on the daily chart it is, on H1 there is a counter-trend trading opportunity.

At Pt D completion, I will be waiting for a double top before considering shorting this pattern as the market is still on a bull run.

UnknownUnicorn493766

⋅ 2018年8月23日午前9時11分

R, well done on your analysis. You picked this one perfectly it seems.

UnknownUnicorn493766

⋅ 2018年8月22日午前6時27分

4hr has major level at the 110.650 to 110.750 zone with the 50 EMA combining.
Massive bearish MACD shown on the daily for this move lower.
Arguably turn down now on the 1Hr at resistance last major swing low above..? Your thoughts

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