USDJPY my next week strategy - prefer short

USDJPY

Chart and Indicator Analysis: #USDJPY 7/25/2020 19:40

• Monthly Chart: Trend Sideways, PSAR Downtrend, Bollinger Mid, RSI Oversold to Mid, STO Overbought to Mid, Custom Indicator A - Overbought and Custom Indicator B - Overbought
  Daily Chart: Trend Sideways, PSAR Downtrend, Bollinger Mid to Bottom, RSI Oversold, STOCH Oversold Crossing, Custom Indicator A - Oversold and Custom Indicator B - Oversold
  1 Hourly Chart: Trend Bearish, PSAR Downtrend, Bollinger Bottom, RSI Oversold, STOCH Oversold, Custom Indicator A - Oversold and Custom Indicator B - Overbought
  1 Minute Chart: Trend Bullish, PSAR Uptrend, Bollinger Top, RSI Oversold to Mid, STOCH Oversold, Custom Indicator A - Overbought and Custom Indicator B - Overbought
  Overall Psychology : **Bearish** --> Preference SHORT
  Status at the current time of study:
  BZ Custom Indicator: No Trading Wait reversal signal
  Trading Signal: **Exit/Short**

If you want my view about other currencies/stocks/ commodities, I will love to share my view with you. Just simply comment below. I always open to discussion.



Disclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.