Dólar Americano/Iene JaponêsViés de alta
USD/JPY - Expect Buyers above 156.78
The Primary trend in the Dollar-Yen 4hrs timeframe is still Bullish, we can see a completed Bullish wave structure. If we apply the trending market truth it says the trend will not change easily. Also, a reversal is not a trend change.
What we can see is normal behaviour in a trending market, the price has become too high at the Momentum high (5), the buyers took profit and we saw a strong decline.
The play is to buy if the price trades above 156.78, this is the price point that confirms the last Bullish run.
The Minimum Target is 159.02.
Stop Loss is 156.05
What we can see is normal behaviour in a trending market, the price has become too high at the Momentum high (5), the buyers took profit and we saw a strong decline.
The play is to buy if the price trades above 156.78, this is the price point that confirms the last Bullish run.
The Minimum Target is 159.02.
Stop Loss is 156.05
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.