USDJPY Short Idea
Overall we are very bearish on all significant timeframes.
We recently saw a break of a daily descending triangle with key support at our monthly zone at 106.000
From the current level we want to see some confirmed lower highs with strong bearish setups. Target lower toward major support and key fib levels.
For us to consider long opportunities we want to see a break and retest of 107.400
Overall we are very bearish on all significant timeframes.
We recently saw a break of a daily descending triangle with key support at our monthly zone at 106.000
From the current level we want to see some confirmed lower highs with strong bearish setups. Target lower toward major support and key fib levels.
For us to consider long opportunities we want to see a break and retest of 107.400