- November 9, 2020
- Posted by: Tradingshot Articles
- Category: Forex
Pattern: Channel Down on 1D.
Signal: Sell as the rejection pattern on the 1D MA50 (blue trend-line) has been very consistent since July. Also the RSI is hitting the 4 month Resistance.
Target: 102.300 (1.382 Fibonacci extension).
Most recent USDJPY trade:
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