USDJPY - SHORT IDEA

Updated
USDJPY was in distribution phase after a bull run. Created a divergence on RSI and now created a head and shoulder for reversal. Broke the neckline of head and shoulder and is expected to go bearish.
It was accumulated and then went for bull run and getting dropped after the distribution phase.
Trade closed: target reached
Target Achieved.
Bearish PatternsChart PatternsDivergenceforexsignalshead_and_shoulderTechnical IndicatorsshortsetupTrend Analysis

Disclaimer