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pav4ito

USD/JPY 2 Possibilities

U.S. Dollar / Japanese Yen (FX:USDJPY)  
pav4ito Updated   
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis Chart Patterns Wave Analysis rejection
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trendanalysis chartpattern waveanalysis rejection
USD/JPY is at a crucial level (hitting the trendline) the next moves will indicate what diraction USD/JPY will take. If it rejects the trendline then we are looking to sell, however if it breaks the trendline and corrects then we will be looking to buy. Trade safe trades.
Comment:
snapshot

This is exactly what I was talking about, I may consider entering a sell trade now.
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