USDJPY The 4hour MA50 is the sell signal you want
USDJPY is trading inside a Falling Megaphone pattern.
Every 4hour MA50 test since Nov 16th has been a sell signal, with the price action producing 5 so far.
Sell on the next near test. Target the dashed line at 140.000, which is also near the 1 year Rising Support.
Previous chart:
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Every 4hour MA50 test since Nov 16th has been a sell signal, with the price action producing 5 so far.
Sell on the next near test. Target the dashed line at 140.000, which is also near the 1 year Rising Support.
Previous chart:
Follow us, like the idea and leave a comment below!!
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