USDJPY CLEAR BEARISH DOWNTREND +250 PIP POTENTIAL
Updated
USDJPY continuing the downtrend.
Short currently active.
Multiple timeframes confirming the downtrends also confirmed by the MA's.
Looking for next target at fib level 78.6%. Target 2 to be decided upon at target 1.
Broken through critical level.
Bearish downtrend in place,
also confirmed by the bearish engulfing price action.
**Price action is key**
Short currently active.
Multiple timeframes confirming the downtrends also confirmed by the MA's.
Looking for next target at fib level 78.6%. Target 2 to be decided upon at target 1.
Broken through critical level.
Bearish downtrend in place,
also confirmed by the bearish engulfing price action.
**Price action is key**
Trade active
Trade active as of 2 hours ago.
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