JPYX SHORT IDEAPattern: Rising Channel Breakdown
Entry: Price has broken below the rising channel, confirming a bearish structure. Retest might occur before further downside movement.
Target: Looking for price to reach the key support zone around 745.0
Confluence:
• Trendline break
• Lower highs forming
• Poten
JPY Currency Index Quote | Chart & Forecast SummaryKey Indicators On Trade Set Up In General
1. Push Set Up
2. Range Set up
3. Break & Retest Set Up
Notes On Session
# JPY Currency Index Quote
- Double Formation
* (Diagonal) | Completed Survey
* Trendline Crossing | Entry Feature & Short Position | Subdivision 1
- Triple Formation
* 012345 | Wave S
JPYXThe Japanese Yen (JPY, ¥) is the official currency of Japan and one of the most traded currencies in the world. It is often used as a safe-haven currency in times of economic uncertainty.
Here are some key details about the Japanese Yen (JPY):
• Currency Code: JPY
• Symbol: ¥
• Issued by: Bank o
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Displays a symbol's price movements over previous years to identify recurring trends.