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DesharedPierreJr.

Potential High for usdjpy, intraday short setup 30mmin

Short
U.S. Dollar / Japanese Yen (OANDA:USDJPY)  
DesharedPierreJr.  
OANDA:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Support and Resistance Shooting Star usdjpyshort uptrend reversal higherhigh
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trendanalysis chartpattern supportandresistance shootingstar usdjpyshort uptrend reversal higherhigh
USDJPY has been uptrending rather strong for quite a few weeks now. Its common that you'd like to go go against the trend, however, the only way to learn how to trade reversals is to trade them. Price presented a volatile shooting star for the close of Thursday. (4H). The daily had some wick action also. The 1H had a moving average crossover to the downside before making the latest high. the 30Min has already created a srtrong eveing star and began downtrending on its 2nd lower low. Im looking to get in on the Lower high. A counter trend trade short back down to Weekly support.
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