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Wescapital
May 5, 2019 10:30 PM

Simple technical analysis on the usdjpy Short

U.S. Dollar/Japanese YenFXCM

Description

Clear triangle pattern formed here signaling a break out, and looking at volume data it shows that sellers are in control of price here. I expect price to drop significantly on Larger time frames, remember guys that the market goes wherever direction it wants to, we just have to follow price action and make sure we keep a good stop loss, have an awesome week
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Comments
FXCM
Agree with your bearish view on it:
Wescapital
@FXCM-EDU, thank you
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