USDJPY SHORT POSITION in ascending Channel
Updated
fund analysis based on the resistance, the price has a resistance above his head on which it has already bounced on for a 3rd point. The price broke the middle resistance he has always been loyal to. Finally, we set TP on nearby support, we're already at break even, so I'll see and tell you guys if I set a TP2 or if I stop and take another position.
Comment
On a lower time frame like the 1-minute timeframe, we can see that the price is following a descending channel so the price should continue to fall.Disclaimer
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