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VladimirRibakov

USDJPY Sell Idea

Short
U.S. Dollar / Japanese Yen (FX:USDJPY)  
VladimirRibakov  
FX:USDJPY   U.S. Dollar / Japanese Yen
Trend Analysis USDJPY SELL Bearish Patterns bearishconvergence criticalzone Bearish Trend Line Support and Resistance bearishdivergence
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trendanalysis usdjpy sell bearish bearishconvergence criticalzone bearishtrendline supportandresistance bearishdivergence
D1 - Bearish convergence, currently it looks like a pullback is happening.

H4 - Price has reached the critical area formed by the downtrend line and the resistance zone. Potential bearish divergence.

H1 - Triple cycle up, price has reached the critical zone formed by the fibo levels of the cycles. Bearish divergence.

We may now look for more evidences of bearish pressure in order to join the bears.
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