J_Graystone
Short

USDJPY Short Trend Continuation Opportunity

FX:USDJPY   U.S. Dollar / Japanese Yen
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As this market has pushed up into the previous structure wedge , we should see some resistance at this level. If you drop down to the 15 min chart, you can see that RSI is overbought at 97 and market has put in a Double Top .
Looking to take Targets down at previous structure lows

For advanced pattern traders, there is also a BAT pattern at market

We will look at this tomorrow in the Live Room/
http://www.tradeempowered.co.uk
Nice
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Im currently in the Bearish Bat, but it´s been slowing down right at the PRZ so lets see, it was a very bullish move up to our entry. But well we have to take it.
+1 Reply
J_Graystone ThomasJeff_DCM
Nice.
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It looks interesting
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