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VladimirRibakov
Oct 9, 2018 12:58 PM

USDJPY Sell Idea Short

U.S. Dollar/Japanese YenFXCM

Description

H4 - Bearish Convergence. Currently it looks like a correction is happening.

H1 - Price is moving inside a bearish flag pattern.

If the price breaks and holds below the bottom of this pattern, we may then start looking for sells with bearish evidences.

Invalidation: If the price breaks and holds above the top of this bearish flag pattern then this setup will be invalidated (false breaks can be neglected).
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