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waltercito1

looking for a sell trade on the 11540 to 116 area

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
waltercito1  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis
5
0
trendanalysis
we have janet Yellen at congress tomorrow, so I will look for a run to the resistance line for 11540 116 area. There i will look for a 4 hour candlestic formation to go short. I will not take the trade if there is no confirmation on the 4 hours.
We have a weekly and daily resistance there so i think we will have a pullback for 1 day
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