U.S. Dollar / Japanese Yen

Short

USDJPY Short opportunity to follow the bearish trend

A double top has been formed on this cross on a hourly timeframe.
The price went down and it's now doing a pullback on the 0.618 Fibonacci retracement that gives us a potential signal to go short and follow the former bearish trend.

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Ricevi gratuitamente gli studi sui Pattern Armonici e di Analisi Tecnica ogni settimana sui mercati finanziari. Iscriviti qui: goo.gl/JIhOHJ

Instagram: instagram.com/the10mintrader/
Facebook: facebook.com/The10MinTrader/

Also on:

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.