Behnam_Hosein_Nezhad

Behnam_Hosein_Nezhad

be careful. The trend is downward. Price can't break Cuomo's cloud. Now, it has encountered two static resistances (Abercomo) and dynamic resistance.

Behnam_Hosein_Nezhad

Be carefull! The price has hit the channel ceiling and dynamic resistance. It is unlikely that he will be able to break it. If it breaks and stabilizes above it should be bought.

Behnam_Hosein_Nezhad

Price action is oscillating inside the rectangle. It has now hit the bottom of the channel. It has crossed the oversold point in the RSI level with strong volume. A strong rise awaits the currency pair.

Behnam_Hosein_Nezhad

Price action is oscillating inside the rectangle. It has now hit the bottom of the channel. It has crossed the oversold point in the RSI level with strong volume. A strong rise awaits the currency pair.

Behnam_Hosein_Nezhad

Hello The bearish pattern is in completion mode. Should we wait and see what happens?

Behnam_Hosein_Nezhad

It seems that the price will drop to the bottom of the price action channel in the one-hour time frame.

Behnam_Hosein_Nezhad

In the 15-minute time frame, the trend is bearish. It will probably correct to the bottom of the channel and the price of 151.074.

Behnam_Hosein_Nezhad

The USD/JPY rally to 151.82 following the Bank of Japan policy announcement Tuesday and 151.86 EBS Friday has re-ignited the debate on whether the Japanese government will act to halt yen weakness. USD/JPY is back near the 151.92-24 double-top hit in 2022 and 2023 before it turned lower. There was heated verbal intervention from Japanese policymakers on both...

Behnam_Hosein_Nezhad

On the monthly time frame, USDJPY is moving towards the top of the ascending channel. In the RSI indicator, the price has corrected after reaching the overbought point. In the RSI indicator, the oscillator inside the descending triangle is falling. Be careful in your purchase. It looks like we have a strong bearish rally ahead of us. In the words of Jack Bogle:...

Behnam_Hosein_Nezhad

The price oscillates inside a descending triangle pattern. It seems it cannot break the resistance formed last year and a half. It cannot break the price ceiling of $152. Also, the price is in the overbought area. Soon, the excitement of buyers will be exhausted. Be reasonable and avoid buying.

Behnam_Hosein_Nezhad

The price fluctuates inside the descending triangle pattern. It is unlikely that it will be able to break the resistance formed during one and a half years and stabilize above the price of $152. Be careful in your purchases.

Behnam_Hosein_Nezhad

It has reached a good place. Selling pressure has been released. It is likely that after this it will slowly slide towards the oversold point.

Behnam_Hosein_Nezhad

It is bearish in the long run. You have to wait until you reach the oversold point and level 30 in the RSI indicator.

Behnam_Hosein_Nezhad

be patient. Big things take a lot of time. It has failed to break the descending channel.

Behnam_Hosein_Nezhad

The descending triangle pattern is complete. It has failed to break the Como cloud. It seems that the RSI indicator will drop to the oversold point.

Behnam_Hosein_Nezhad

The red line at Ichimoku acts as resistance. Unfortunately, the share of static resistance has broken with low power. The volume of transactions is also lower than the average volume of 20 days. It is expected to continue the downward trend and further correction of the share.

Behnam_Hosein_Nezhad

Any entry into the market is wrong until the RSI oscillator reaches 50 and below.

Behnam_Hosein_Nezhad

The general trend is downward. Trading volume is lower than the 20-day average. Could not stabilize above channel midline.