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orvilleawright
Nov 10, 2015 11:52 AM

BEARISH USDJPY 4 Hour: Price at up channel top Short

U.S. Dollar/Japanese YenFXCM

Description

Nov 10 2015: BEARISH USDJPY 4 Hour: Price at up channel top
(Analysis Based on 4 Hour chart)

Observations
1. Price has broken out of the narrow trading range
2. Price at 4 hour SR zone
3. RSI overbought
4. Price at channel top

NOTE: Wait for price action to confirm the importance of these levels.

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