USDJPY long term downtrend
Updated
Hi all,
this is a perfect time to make some money ;)
We have different confluences to go short on this pair:
-price just reached a weekly downtrend and formed a false breakout
-monthly downtrend acting as resistance (purple line)
-horizontal resistance (dotted line)
-daily shooting star near resistance
-4h uptrend breakout and close
Happy trading :)
this is a perfect time to make some money ;)
We have different confluences to go short on this pair:
-price just reached a weekly downtrend and formed a false breakout
-monthly downtrend acting as resistance (purple line)
-horizontal resistance (dotted line)
-daily shooting star near resistance
-4h uptrend breakout and close
Happy trading :)
Trade closed: stop reached
Unfortunately I didn't see this trend line, my mistake :( 
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