FX:USDJPY   U.S. Dollar/Japanese Yen
39 0 3
A shorting opportunity may present itself with the potential formation of a gartley pattern .

Reasons for:
- We have a general downtrend on the daily timeframe with consistent lower highs and lows - trend continuation.
- We've broken through a key area of support around 104.08 and came back up to it recently to test forming resistance.
- If price moves further up I believe there will be a chance that it will test the downward sloping trend line and reject on or around this area.
- If price moves into overbought conditions with evident price action we can assume this is a high probability trade.
United Kingdom
United States
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out