USDJPY Weekly Downtrend Continuation

By Market_ATM
Structure: Downtrend
Moving Average: 200 MA Resistance Valid
Trendline: Downtrend Line Valid
Pattern: Reversal Candlestick
Trigger: Strong Bearish Candle at Resistance Level
Support: 106.80 - 107
Resistance: 108.50, 108.80, 109.50 - 110

Wait for 4H/1H Reversal Candle at 108.50 or 108.80 Area, enter Short
SL: 109.80
TP: 107, 105
Candlestick AnalysisSupport and ResistanceTrend Lines

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