USDJPY: Potential Big Move to the Down

Price breached below the sliding parallel of the median line se, and is now pulling bck into a correction heading to a key resistance zone to watch for sell setups. In this video we analyse how the uptrend is weaking and all the confluence we get in the sell zone after the breakout below key support.

Feel free to comment and share your thoughts. In addition let me know if you enjoy in general video analysis instead of post ideas.

Have a nice weekend,
John

Kommentar:

Price broke below the corrective structure signaling a sell. Entry level, sl and tp as shown in the chart below: