USDJPY Watch For More Bearish Price Action
Hello everyone:
USDJPY is in the current ascending structure on the higher time frame,
and there could be nice bearish opportunities in the up coming days.
we can see price has made a bearish impulse down, follow by a ascending channel correction,
and the price is right back to a double tops, before the bearish momentum resuming.
Now that price has broken down from the correction,
watch for lower time frame continuation correction as a confirmation to look for sell.
Thank you
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.