Short USDJPY

Updated
Price for USDJPY is still in a down trend. However, we can see that the price is forming a descending Channel ( bearesh) recently and price reaches above the channel and makes a bearesh Engulfing pattern.
we can expect some down side movement from this area.
Trade closed manually
1:1 RRR reached
Order closed at risk free
Chart PatternspriceactionTrend AnalysisUSDJPY

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