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Sell USDJPY

by Saqib I, September 5, 2022

USD/JPY M30 Price Action

by Saqib Iqbal September 5, 2022

1
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USD/JPY

|

Short

|

M30

Timeframe:

M30

Analysis Method:

Price Action

Analysis:

Rising Wedge seen on M30. Look for a bearish breakout. US dollar has already rallied strongly and will now look for consolidation and breakout on m30 (correction on higher timeframes).

Trade Plan:

Sell on breakout

Risk Management:

1%

Things To Watch For:

140.00

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DISCLAIMER

The trading ideas, analysis, and comments above should not be considered financial advice or recommendation to trade or invest in any financial product. Your personal situation has not been taken into consideration in the trade ideas. This page is for general educational purposes only. Do not buy or sell any product discusses on this page before doing your own research. Always do your own analysis and research and be aware of the risks involved in trading any financial product.

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