An opportunity to slide down into profits with a short

5 нояб. 2022 г.

My charts are looking kind short this week coming up. That's pretty much what I'm seeing here. USDJPY broke a new high and with that it has now formed a swing high and from what I believe is a premium. Under these conditions it appears to be highly over bought and looks like its headed down for a re-trace on the higher timeframe. Its a good opportunity for those who like to trade this and hold for a few days. At the end of the day this is my opinion and I would definitely urge you to look for yourself. Welp gonna prepare for the next trading week!!!!

5 нояб. 2022 г.

Заметка

You can see that the market has started drawing down to the sell side. And refused to trade past that previous swing high.