Looking at the USDJPY, we now have a bearish bias due to the violation of previous structure support.
As market is putting in this descending wedge pattern, we typically see a break out to the downside.
For those of you that are day traders and trade advanced patterns, there is a cypher pattern near completion up at 114.95 on the 5 min chart which you could use as your entry reason to get short.(Trading view will not let me publish the 5 min chart)
See you in the London Live Room this morning.
tradingeducation.omn...radeempowered-london
As market is putting in this descending wedge pattern, we typically see a break out to the downside.
For those of you that are day traders and trade advanced patterns, there is a cypher pattern near completion up at 114.95 on the 5 min chart which you could use as your entry reason to get short.(Trading view will not let me publish the 5 min chart)
See you in the London Live Room this morning.
tradingeducation.omn...radeempowered-london
