USD/JPY BEARISH D1
Updated
-Bearish Signs
-Well consolidated channel, with respectives tops and bottoms as seen on the chart
-On the last Top we could see a well formed candle pattern BEARISH ENGULFING
- It's possible to see that the pair is on fight zone, where is possible to watch a lot of new support and resistance zones , so, i hope the pair to go down, but it's possible that buyers would give some fight signs.
-Well consolidated channel, with respectives tops and bottoms as seen on the chart
-On the last Top we could see a well formed candle pattern BEARISH ENGULFING
- It's possible to see that the pair is on fight zone, where is possible to watch a lot of new support and resistance zones , so, i hope the pair to go down, but it's possible that buyers would give some fight signs.
Note
- Some important news on USD from days 27,28 January, had some impact on the bull force of the pair.- Even so, the pair as make a resistance today as the same as days 11 and 12 January, creating a shooting star candle pattern,(D1) and showing that the sellers still has something to say
- The RSI level hasn't gain any force too, and at the H1 timeframe t's possible to see some weakness on it.
- I will still maintain a bearish position, and try to surf a litlle more this Impulsive wave.
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