J_Graystone

USDJPY Potential Counter Trend Trade for Counter Trend Traders

FX:USDJPY   U.S. Dollar/Japanese Yen
386 0 10
Looking at this pair following the interest rate decision, we have pushed up into a 618 retracement on the HTF             .
Market has put in an ABCD pattern harmonic move which lines up with previous structure support, could become resistance.
you could look for a valid double top with bearish divergence.

If market pushes down, then there could be an opportunity for a trend continuation move.

Keep an eye on this one.

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