KatlehoMaleka

USDJPY Short opporunity.

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
This USDJPY chart looks good for a sell. We have the Extreme Bearish Harmonic Impulse Wave at an 0.886 retracement, although it went higher than that and retested the X point, it is still valid because it didn't break and close above it. We also have with an ending diagonal, with the clear Elliot waves inside it. It is also on a nice supply zone on the Daily chart, and it closed with a shooting star Daily candle. We also see the bearish divergence on RSI. I opened a short position last night, with the stops above the shooting star and targets at the demand zone. One Good Trade.
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