Updates USDJPY continuing shortIn this updates, I want to comprend what USD/JPY do today. So, I make a fix my technical analysis and updates my new watch what I see. Maybe, we are into the rising wedge bullish, and this proyection it's can be convert to drop the price very strongest. So, in Daily we are now into the bearish channel descendent and this is a good opportunity to continue sell, sell and more sell to earn money!!!!
So, also, in Daily we see the same bullish rising wedge. so, look in H4 one thing. if you see the price action doen't have the force sufficient to break up the channel descendent and bearish what came from finally on March 2020. So, it's has been retest but don't find to broke up, so, ths next proyection it's may be a bearish movement at the zone of 107.40 to pick up all target profit, and yesterday and past yesterday I make a sell, so, I have 0.02 lots inverted in this par.
But, also, if you see my screenshoot of Daily timeframe, we can to see waht we are in a possible formation of double bottom, this is a possible scenario to buy at 106 aproxx and making and long. A data interest it's the MACD in H4 timeframe, because MACD is lossing his buyers, and make sellers in this par and about all tension in China and USA.
Also, if you wan, you can to estend your target profit to pick up more pips apporixmately of more of 220 pips.
