USDJPY 1hour Analysis December 1st, 2020
USDJPY Short
Price is forming a rising wedge up into a key weekly level and the 4h 200MA, which price has respected for months. Enter on strong engulfing out of the support structure or wait for a break and retest on lower timeframes.
Price is forming a rising wedge up into a key weekly level and the 4h 200MA, which price has respected for months. Enter on strong engulfing out of the support structure or wait for a break and retest on lower timeframes.