Get started
desmondtatilian

[USDJPY] Looking for bearish continuation harmonics

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
desmondtatilian  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
2
0
trendanalysis
UJ has been in a downtrend recently and just broke below a level of structure. I am waiting on price to come back up to this general area while looking for lower timeframe bearish harmonics and overbought conditions. Looking at where RSI/STOCH are at right now I expect price to move a little higher before exhausting.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.