What happened? Japanese shares fell on Monday…
USD/JPY: bearish 'Harami'
2019-11-11 • Updated
There're bearish patterns such a 'Shooting Star' and a 'Harami'. Meanwhile, if a pullback from the Moving Averages happens little later on, the price is likely going to reach the next resistance at 112.00.
We've got a 'Hammer', which has been formed on the 144 Moving Average. However, this pattern doesn't have strong confirmation, so the pair is likely going to reach the next support at 111.06.
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Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...