Wait for the price to retest and appear a sell signal with USDJP

H1 time frame.
After a strong bearish move from 110.800 to 109.100, the price formed a red ABC pattern (Simple Flat).
Top A and C form resistance at the 61.8% Fibonacci retracement of this down move.
With the last bullish move of this pattern, a blue ABC divergence appeared.
The current price has broken the Key level and is waiting for a retest, confirmation signal to enter a sell order.
The profit target is the 109.100 zone.
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Wish you all have a good trading day!
After a strong bearish move from 110.800 to 109.100, the price formed a red ABC pattern (Simple Flat).
Top A and C form resistance at the 61.8% Fibonacci retracement of this down move.
With the last bullish move of this pattern, a blue ABC divergence appeared.
The current price has broken the Key level and is waiting for a retest, confirmation signal to enter a sell order.
The profit target is the 109.100 zone.
-----------------------------------------------------------------------------------------------
Wish you all have a good trading day!
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Discord : discord.gg/5HTtehrJVK
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Website: tradafx.net/
Youtube: youtube.com/c/TradaFXForexTrading
❤
Facebook: facebook.com/tradafx
Instagram: instagram.com/tradafx1/
Twitter: twitter.com/Tradafx1
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.