drin
Short

USDJPY - ANOTHER IMPULSE TO DOWNSIDE IS EXPECTED

FX:USDJPY   U.S. Dollar/Japanese Yen
USDJPY             IS IN A CLEAR BEARISH TREND SO WE'RE LOOKING TO SHORT THIS MARKET.A GOOD PLACE TO SELL WOULD BE IN THE BREAKOUT OF THE TRENDLINE FOR ANOTHER IMPULSE WAVE TO THE DOWNSIDE.WE ALSO HAVE MACD DIVERGENCE INDICATING FOR A REVERSAL SOON. TRADE YOUR PLAN,PLAN YOUR TRADE.
Trade active
8 % drop - 80% profit with 1:10 Leverage - USDJPY
Same view good luck
+1 Reply
drin Guhanak7
Thanks for sharing
+1 Reply
Verry nice post!
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drin KohlScheffler
Thanks
Reply
Nice chart, same conclusion from my side, thanks for sharing
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nice chart, I have price in a diamond consolidation about to break to the upside..however, I'm not saying the main downtrend wont continue or isnt favored...
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I love this chart. It looks like the perfect storm to me. All the indicators are lining up perfectly.
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Agree...same conclusion
USDJPY - Opportunity to SHORT
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drin PCTradeKop
Thanks for sharing
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Congratulations! Your chart has been selected to be highlighted as the post of the day. This is a great example of channel analysis.
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