We're short | 27 April 2023

27 April 2023, USD/JPY

We're short

USDJPY has been experiencing a downward trend for the past few days, and the market is currently in a corrective phase following the ABC corrective pattern. Additionally, as indicated in the chart above, the market is forming a descending channel, starting from the end of the major impulsive wave "V" at 135.13, and continuing to where the market is presently located. This is a bullish reversal pattern. We anticipate this corrective phase to end at 132.67. After the price reaches this zone, we expect it to form a bullish reversal pattern, such as a double bottom or a bullish engulfing candle, before rising to 134.82.

Trade Recommendations:

We're short

Bob Stan
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.
manager photo manager photo
Online-support
Dengan senang hati, kami akan menjawab pertanyaan Anda

Tulis

Get bonus