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BEARISH USDJPY 4 Hour: Price at up channel top
U.S. Dollar / Japanese Yen
Short
BEARISH USDJPY 4 Hour: Price at up channel top
By orvilleawright
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Nov 10, 2015
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Nov 10, 2015
Nov 10 2015: BEARISH USDJPY 4 Hour: Price at up channel top
(Analysis Based on 4 Hour chart)
Observations
1. Price has broken out of the narrow trading range
2. Price at 4 hour SR zone
3. RSI overbought
4. Price at channel top
NOTE: Wait for price action to confirm the importance of these levels.
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4hours
Ascending Channel
Bearish Patterns
breakout
orville
price-action
rsi_overbought
SELL
short
USDJPY
wright
orvilleawright
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I may trade all, some or none of the ideas posted. All of my contributions are for educational purposes only. 'TRADE What You SEE'' and all the best!
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