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VladimirRibakov

USDJPY Sell Idea

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
VladimirRibakov  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis USDJPY SELL Parallel Channel lowerlows pullback
3
0
trendanalysis usdjpy sell parallelchannel lowerlows pullback
D1- Price respected the downtrend line, moved lower and broke below the bottom of the channel.

H4 - Price broke below the last low creating lower lows.

We may now look for pullbacks and sells.

Invalidation: This setup is valid until price holds below the bottom of the daily channel (false breaks can be neglected).
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