Stargazer_fx

USDJPY below Support level,wait for pullback to SELL..

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
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USDJPY
The price isbelow Support/resistance level,after a pullback to the support/resistance the pair could give us a nice sell opportunity with good R:R ratio,wait for the price to reach the zone and if price gives any bearish signal then look for sell opportunity...
Daily Time-frame:

For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
In case, if price breaks above the support/resistance then we have to wait for a clear direction..

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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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