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AbdorhmanThi

USDJPY: Sell Setup

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
AbdorhmanThi  
FX:USDJPY   U.S. Dollar / Japanese Yen
USDJPY short AB=CD setup Bearish Patterns
3
0
usdjpy short abcdpattern setup bearish
Similar to my post on GBPJPY. I am expecting a ABCD completion at previous support. There is a possible one more up move to the .50 fib level. The difference between the two pair is that UJ have not broken the trendline yet. Therefore we must wait for the break out or look for a setup at a higher level.

Trade with care.
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